Chapter COM42041
| Published date | 16 April 2016 |
| Record Number | COM42041 |
| Court | HM Revenue & Customs |
Where you are advised that a company is insolvent you need to update the COTAX records as follows.
Liquidation - creditors’ voluntary| Function | Fields to complete |
|---|---|
| ACTP (Amend CT Payer Details) | Solvency status field - ‘I’ and date of liquidation. |
| ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has not been changed to that of the liquidator, change the RLS indicator to ‘Y’. |
| AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of liquidation. |
| ACOM (Amend Communication Details) | Enter the liquidator’s details in the communication name and address fields only where the Registered Office has not been changed to that of the liquidator. |
| ACAP (Add / Amend Capacity Details) | Enter the liquidator’s details in the capacity name and address fields and capacity role - Liquidator. |
| Function | Fields to complete |
|---|---|
| ACTP (Amend CT Payer Details) | Solvency status field - ‘S’, date of liquidation and Co Liq Mem Vol - ‘Y’. |
| ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has been changed to that of the liquidator, amend the RO address. |
| AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of liquidation. |
| ACAP (Add / Amend Capacity Details) | Enter the liquidator’s details in the capacity name and address fields and capacity role - Liquidator. |
| Function | Fields to complete |
|---|---|
| ACTP (Amend CT Payer Details) | Solvency status field - ‘I’ and date of liquidation. |
| ACNA (Amend Company Name / Address) | Check the Companies House record. If the Registered Office address has not been changed to that of the liquidator, change the RLS indicator to ‘Y’. |
| AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of liquidation. |
| ACOM (Amend Communication Details) | Enter the liquidator’s details in the communication name and address fields only where the Registered Office has not been changed to that of the liquidator. |
| ACAP (Add / Amend Capacity Details) | Enter the liquidator’s details in the capacity name and address fields and capacity role - Liquidator. |
| Function | Fields to complete |
|---|---|
| ACTP (Amend CT Payer Details) | Solvency status field - ‘I’. |
| AMAG (Add / Amend Agent Details) | Show the agent as ceased acting only where the date appointed is before the date of receivership. |
| ACAP (Add / Amend Capacity Details) | Enter the receiver’s details in the capacity name and address fields and capacity role - Receiver. |
| Function | Fields to complete |
|---|---|
| ACTP (Amend CT Payer Details) |
To continue reading
Request your trial