What is RT01 form?
What is RT01 form?
Use this form to apply for administrative restoration to the register.
How long does it take to restore a dissolved company?
about 3 to 4 months
Restoration by Court Order Where the company is to be restored by Court Order the process is likely to take about 3 to 4 months.
How do I reactivate a dissolved company UK?
Apply for administrative restoration
- a completed application for administrative restoration (form RT01)
- a cheque for £100, payable to ‘Companies House’
- any outstanding documents, such as accounts or confirmation statements (previously annual returns)
- any filing fees or penalty payments.
Can HMRC reinstate a dissolved company?
Dissolution is only suitable for solvent companies that are debt-free, so if you dissolve a company with tax debts, HMRC can chase the payment for up to six years from the date of dissolution. They can apply to reinstate the company and investigate the affairs of the company and director conduct.
Can you restore a company after 6 years?
“…if the application is made following a refusal of the Registrar to restore the company to the register under the administrative restoration procedure, the application for a court order may be made within 28 days of the Registrar’s decision, even if the period of six years has expired (section 1030(5), CA 2006).”
Can HMRC restore a dissolved company?
The answer is yes. Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed.
How do I get a dissolved company back?
You may be able to claim money back or buy assets from the dissolved company by:
- getting a court order to restore the company – if they owe you money.
- buying or claiming some of their assets – if you’re affected by the company closing.
- applying for a discretionary grant – if you were a shareholder.
Can a dissolved company still operate?
Can a company that’s dissolved still operate? No – dissolving a company means closing it down completely. Once a company has been removed from the Companies House register it becomes illegal for it to continue trading.
Can HMRC investigate a closed company?
Can HMRC Investigate Closed Companies? The answer is a resounding yes. Many people assume that a company that has been dissolved and struck off the Companies House register is no longer liable for tax and debt demands.
How far back can HMRC investigate?
HMRC will investigate in detail and retrospectively based on the case and how serious it is. If they suspect deliberate tax evasion, they can investigate as far as 20 years. Investigations into careless tax returns can go back 6 years and investigations into innocent errors can go backup up to 4 years.
What happens when a company is restored to the register?
By virtue of sections 1028(1) and 1032(1) of the Companies Act 2006, the effect of restoration to the register is that the company is deemed to continue in existence as if it had not been dissolved or struck off the register.
Do I still owe money to a dissolved company?
When you dissolve a company, all debts owed must still be repaid. You must either repay the debts before commencing dissolution, or you choose a method of closing the company such as liquidation if you cannot repay them. Some directors consider dissolving a company with debt as a means of avoiding liquidation costs.
What happens once a company is dissolved?
Dissolution is a process to bring about the end of an unwanted company. When a company has been dissolved, it will cease to exist as a legal entity. All trade will stop, the company’s name will be removed from the Companies House register, and it will have no further filing requirements.
What do I do if my company is dissolved?
Administrative restoration is a procedure for restoring your company if the business was forcibly dissolved e.g. struck off for not filing accounts on time. It’s possible to apply for administrative restoration by contacting Companies House and completing the administrative restoration form.
Can HMRC Enquire into a dissolved company?
Can HMRC Investigate DIssolved Companies? The answer is yes. Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed.
What happens after dissolving a company?
Company strike off is the process of removing a company’s name from the register held at Companies House. Once a company has been struck off – or dissolved – it will no longer exist as a legal entity and all trade will be forced to stop.
What triggers an HMRC investigation?
What triggers an investigation? HMRC claims compliance checks are usually triggered when figures submitted on a return appear to be wrong in someway. If a small company suddenly makes a large claim for VAT, or a business with a large turnover declares a very small amount of tax, this will likely be flagged-up by HMRC.
Can HMRC pursue a dissolved company?