Directors unable to pay CT liability | AccountingWEB

Directors unable to pay CT liability

Client has decided to sell own home to pay off CT, as they have been given more time to pay if they submit a solicitor's letter of undertaking. I am unsure however, if there is not enough funds to clear the mortgage and the CT, what action would be taken against client by HMRC. Would this letter be legally binding against them personally?

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Ooh no..

AnonymousUser |

What is wrong with the business model

djw090 |