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CT600 for companies in liquidation

CT600 for companies in liquidation

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In what instance would a company in liquidation have to pay corporation tax? On other income such as bank interest I assume? I assume collection of debtors is just a balance sheet movement, I suppose the sale of fixed assets could result in a balancing charge.

Is it possible to carry forward trading losses from pre liquidation period?

I understand a company in liquation does not have to file accounts with the CT600?

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By johngroganjga
25th Mar 2015 07:55

Unless you are a liquidator none of the points in your question need concern you. The job of dealing with the tax affairs of companies in liquidation is one for the liquidator. However I suppose from time to time they must sub-contract that work. Is that what has happened to prompt your questions?

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By Jigs
25th Mar 2015 14:21

Yes -only two but want to make sure they are correct.

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By Sheepy306
25th Mar 2015 15:06

Chasing the money

Terminal loss relief would normally be a reason that a liquidator may want to subcontract CT work to an accountant/tax advisor, quite straight forward work but IP's are normally quite happy to pay you out of funds on the case, and of course rely on your PII cover should it not be done correctly!

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