VAT and Selling Company

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  • 2 April 2022 at 09:12 #55795
    Ashdr
    Member

    Hello i got a question about LTD Selling.

    The VAT of the LTD was deregistered.
    But there is debt to be paid before deregistration.

    If a company has a VAT debt and and shareholders are changed. Like if company is sold to another individual. And the old director resigns from the company.

    Will the debt going to be on the old director or is it on the company and new director?

    6 July 2022 at 20:17 #56254
    VAT-adviser
    Member

    Just to add that if you require more detailed paid advice, please do not hesitate to contact me here – simply PM on messages.

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