AlinaSelfAccountant
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DLA and a debt from a third party
I am director of a limited company which is not trading since April this year. I closed the bank account but the company is active. A few days ago the company won a small claims court and is due to receive the debt.
Can I in order not to open a bank account, as a director (also the sole shareholder) receive the debt on my personal bank account given:
- there is a directors loan to the company exceeding the debt value
- there is zero other liability, tax or loan on the company
At the end of the accounting period what has been received will be duly written off from the director's loan account.
As a more advanced option, can I purchase this debt from my company writing off the due amount from the director's loan account , in this case I could close the company and the debt will be owed to me as an individual.
Thank you for your help -
RE: Vat receipts for orders in mistake in billing address
The question is, if the supplier is entitled to refuse to provide the VAT receipt if we by mistake put the billing address same as shipping address but are happy to have it amended -
Vat receipts for orders in mistake in billing address
A suppliers refuses to provide a VAT receipt / invoice for an online order motivating it with a wrong billing address in the order. We are happy to amend the address on the order , the suppliers claims it is not possible. -
Two different government gateway IDs for PAYE for one company
Hi, I thoughtIi always had one government gateway ID, but it looks like the accountants i had for one year created and used another one for PAYE (at least i can see it on quickbooks in PAYE section). Now I am doing my own accounting and have only found it out now. Is there a way I can merge the two? Both PAYE reference numbers and general company details are the same. Thanks