Dormant account - paying accountant for services
Posted: Tue Oct 30, 2018 12:07 pm
Hi there an overseas friend of mine has had a dormant account for 5 years and has been paying an accountant to deal with HMRC and companies house.
He’s been paying them yearly for their services , but recently he figured he could webfile to companies house for £15 himself and did not need their services for which they charged him extra fees. He has informed HMRC that the company is dormant.
Does he still need an accountant to prepare and submit accounts or can this all be done by himself online. It seems strange that the accountant is willing to take fees if this can all be done without their services. All he has to deal with is companies house I guess?
There are no future plans to make the Limited company active he just wishes to keep the name as a placeholder for possible future business.
Any help or advice would be appreciated.
Thanks
Gico
He’s been paying them yearly for their services , but recently he figured he could webfile to companies house for £15 himself and did not need their services for which they charged him extra fees. He has informed HMRC that the company is dormant.
Does he still need an accountant to prepare and submit accounts or can this all be done by himself online. It seems strange that the accountant is willing to take fees if this can all be done without their services. All he has to deal with is companies house I guess?
There are no future plans to make the Limited company active he just wishes to keep the name as a placeholder for possible future business.
Any help or advice would be appreciated.
Thanks
Gico