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I am an ex director of a now dissolved company what is my position and the tax position of the company?


I held the position of director in a limited company which was involuntarily struck off by Companies House in Feb 2011 with some outstanding VAT and CT liabilities. HMRC did not raise an objection to the strike off despite it being published in the London Gazette on two occasions. What is the position of the (now dissolved) company in relation to its tax liabilities? What is my position as the ex-director?

Arthur Weller Replies:
There is a possibility that HMRC will pursue the case by trying to get the company reinstated. They could in theory also pursue the director for wrongful trading (if this is applicable). However if the figures involved are relatively small it is quite possible that HMRC won't bother. This can be seen on http://www.hmrc.gov.uk/manuals/insmanual/INS5108.htm.
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