In a liquidation does the liquidator prepare and submit the P11ds.?
Many Thanks for any help as not had to come across this before
david
Replies (2)
Please login or register to join the discussion.
The practical reality ...
... is that the liquidator couldn't give a #### about P11Ds. All he or she is interested in is realising the assets, taking the fee and dishing out what's left if anything to the creditors. I suppose you could ask for the information, if this is in the liquidator's possession, but you will probably finish up estimating the figures for the self assessment return based on the client's information and the previous year.
Agreed
Liquidators do tend to be a bit uncaring in that respect, yes. However the duty of the directors to put the right figures for benefits on their tax returns means that they should co-operate with the liquidator to get these things right.