Closing ltd company & tax

[ACEparts_com]

I have a small Ltd co still going in the uk. Last tax year we paid about £5K in tax on profits. This tax year we've lost about £10K so will now close it down. Is there any way we can get the tax we paid back, or part of it?

Wishful thinking I know :O)

[Eric Mc]

You can carry trading losses backa and recover previously paid tax.

I hope your accountant is briefing you on this.

[ACEparts_com]

Great My accountant doesn't work the same days that my ideas come in.

Thanks

[anonymous-user]

Be mindful that the rules have changed regarding the winding up of Ltd Co's. It is not quite as straightforward as it used to be to have a company struck off the register. In theory I believe that you are supposed to have a members voluntary liquidation which can be expensive. Your accountant should have all the details.

[Eric Mc]

Are you sure?

Could you point me in the direction of these changes. I've had a couple of clients apply for striking off over the past few months and they have not been told they couldn't do so.

[anonymous-user]

Eric Mc said:

Are you sure?

Could you point me in the direction of these changes. I've had a couple of clients apply for striking off over the past few months and they have not been told they couldn't do so.

Hi Eric

I was referring to this, you may reacll it?;

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

http://www.geoffreymartin.co.uk/corporate_insolven...

We did manage to get the company struck off without the mem vol in the end. That was in 2007, maybe the rules have been amended again since?

[topsparks]

I've struck one of our Ltd companies off the register in the last 6 months and it was really easy. I went by the guidance notes on the Companies House website.

[mybrainhurts]

ACEparts_com said:

I have a small Ltd co ...will now close it down.

Is this your website, or something else...?

[ACEparts_com]

Something else!

[mybrainhurts]

Yow ought to have said that, silly boy...