I am not well versed in closing companies down although I think the way things are going I may be soon.
My client is doing a solvent liquidation of their company and there is a corp tax refund due.
Their year end is 31st March, so corp tax due 1st Jan. They want to close the company this month.
1. Will HMRC accept a CT600 before the end of the accounting period or will I need to shorten the accounting period so I can submit?
2. Can the corporation tax refund be paid in to the directors accounts or does this need to be in to a Ltd bank account.
3. When will a refund be sent?