Hi all,
I've got my ltd co idling at the moment, not trading, no employees. I'm paying my accountant a minimum fee to keep ltd co open, file returns etc, as I intend on returning to contracting in several months.
HMRC was due to send me a statutory payment refund in Feb/Mar, however when I inquired as to the holdup they told me that this was on hold, due to "specified charges" being levied against my account because they'd not received FPS for the first two months of the year.
Explained that ltd co isn't trading, have no employees at the moment, was advised by HMRC that the accountant should've known better and filed an EPS.
No experience with this - that is why I hired an accountant. Does this sound correct? From the googling I've done on the subject, this sounds to be in the ballpark.
Spoke to the accounting co. and they didn't seem to know what I was talking about though, which is somewhat worrying.
** forgot to add that HMRC sent a letter (to accountant, where ltd is registered) on the 22nd, again accountancy has no idea of its existance. :-(
I've got my ltd co idling at the moment, not trading, no employees. I'm paying my accountant a minimum fee to keep ltd co open, file returns etc, as I intend on returning to contracting in several months.
HMRC was due to send me a statutory payment refund in Feb/Mar, however when I inquired as to the holdup they told me that this was on hold, due to "specified charges" being levied against my account because they'd not received FPS for the first two months of the year.
Explained that ltd co isn't trading, have no employees at the moment, was advised by HMRC that the accountant should've known better and filed an EPS.
No experience with this - that is why I hired an accountant. Does this sound correct? From the googling I've done on the subject, this sounds to be in the ballpark.
Spoke to the accounting co. and they didn't seem to know what I was talking about though, which is somewhat worrying.
** forgot to add that HMRC sent a letter (to accountant, where ltd is registered) on the 22nd, again accountancy has no idea of its existance. :-(
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