I am getting spammed again by the people who formed my company about Form 42:
"Over the last few weeks, we have been e-mailing all the companies who were formed through Companies Made Simple during the period 6th April 2004 to 5th April 2005.
We fully appreciate that you're probably fed up with receiving these e-mails, but we need to make sure that you fulfil your statutory obligation to complete Form 42.
Although there is some confusion as how to best ensure that every company that was formed during the tax year completes the form, it is a requirement of the Inland Revenue even if you have never traded.
The form is due by 6th July and unless you have been advised by a suitably qualified accountant that you don't need to submit this form, (and we suggest you get that advice in writing), you will be liable to a fine of £300 and £60 per day.
To be able to ensure we can collate all the information we receive and get it to the Inland Revenue by the deadline, we will not accept any more submissions after midnight on Tuesday 5th July. In addition, as our workload has increased from all the people who have left their submission to the last minute, the fee will soon increase to £20 plus VAT (many accountants are charging their clients on a time basis).
Companies Made Simple is offering a simple and easy solution and you can find it on our website by clicking here.
Alternatively, if you are happy that this doesn't affect you, and want us to stop e-mailing you, simply reply to that effect and we will take you off our list."
------
Is it all bullcrap or not?
"Over the last few weeks, we have been e-mailing all the companies who were formed through Companies Made Simple during the period 6th April 2004 to 5th April 2005.
We fully appreciate that you're probably fed up with receiving these e-mails, but we need to make sure that you fulfil your statutory obligation to complete Form 42.
Although there is some confusion as how to best ensure that every company that was formed during the tax year completes the form, it is a requirement of the Inland Revenue even if you have never traded.
The form is due by 6th July and unless you have been advised by a suitably qualified accountant that you don't need to submit this form, (and we suggest you get that advice in writing), you will be liable to a fine of £300 and £60 per day.
To be able to ensure we can collate all the information we receive and get it to the Inland Revenue by the deadline, we will not accept any more submissions after midnight on Tuesday 5th July. In addition, as our workload has increased from all the people who have left their submission to the last minute, the fee will soon increase to £20 plus VAT (many accountants are charging their clients on a time basis).
Companies Made Simple is offering a simple and easy solution and you can find it on our website by clicking here.
Alternatively, if you are happy that this doesn't affect you, and want us to stop e-mailing you, simply reply to that effect and we will take you off our list."
------
Is it all bullcrap or not?
Comment