Company dissolution and importance of VAT de-registration post dissolution

  There are two ways in which a company can be dissolved in the UK. That will depend on whether or not the company has sufficient funds to pay off all the debts. Those debts can include: • VAT for the final period • Corporate tax for final period • Accrued accountancy fees • Money owed to suppliers • Overdrafts and bank loans • Unpaid PAYE and national insurance on payrolls • Lease agreements • Funds owned to shareholders and company directors In case the company is unable to pay…

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