Can Ltd Company transactions be moved to new Ltd Company?

New client who set up a Ltd company with himself as a majority shareholder in Feb 2012 and started trading in March 2012 with all transactions going through company bank account.

He has now set up another Ltd company with himself as sole shareholder in Dec 2012 and wants to put all the first company trading transactions through as if they were the new companies transactions.

My head is still a bit haggled with self assessment but surely this can't be done?

Any comments or advice on this matter would be very much appreciated

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Euan MacLennan |
Euan MacLennan's picture

Transfer of contracts

law man |