Dormant companies and associations

Printable version

1. Overview

Your company or association may be 바카라 사이트˜dormant바카라 사이트™ if it바카라 사이트™s not doing business (바카라 사이트˜trading바카라 사이트™) and doesn바카라 사이트™t have any other income, for example investments.

Dormant means different things for:

2. Dormant for Corporation Tax

Your company is usually dormant for Corporation Tax if it:

Trading includes buying, selling, renting property, advertising, employing someone or getting interest. HMRC has detailed guidance on what counts as dormant for Corporation Tax.

When HMRC thinks your company is dormant

You may get a letter from HMRC telling you:

  • they바카라 사이트™ve decided to treat your company or association as dormant
  • that you don바카라 사이트™t have to pay Corporation Tax or file Company Tax Returns

When you think your company is dormant

If your company has stopped trading and has no other income, you can tell HMRC that it바카라 사이트™s dormant for Corporation Tax.

If you바카라 사이트™ve filed a Company Tax Return or had a 바카라 사이트˜notice to deliver a Company Tax Return바카라 사이트™

You바카라 사이트™ll still need to file a Company Tax Return online - this will show HMRC that your company is dormant for this period.

Limited companies

You don바카라 사이트™t need to pay Corporation Tax or file another Company Tax Return once you바카라 사이트™ve told HMRC your company is dormant unless you receive a further notice to deliver a Company Tax Return.

You must still file annual accounts and a confirmation statement (previously annual return) - exactly what you must do depends on if you바카라 사이트™re dormant for Companies House.

Find out how to restart your company.

If you바카라 사이트™re registered for VAT

If you do not intend to trade again you must deregister for VAT within 30 days of your company becoming dormant.

However, if you plan to restart trading, you must send 바카라 사이트˜nil바카라 사이트™ (empty) VAT returns while your company is dormant.

If you employ people

If you do not plan to restart trading in this tax year, you should close your PAYE scheme.

3. Dormant for Companies House

You must file your confirmation statement (previously annual return) and annual accounts with Companies House even if your limited company is:

But if your company is dormant according to Companies House and also qualifies as 바카라 사이트˜small바카라 사이트™ you:

  • can file 바카라 사이트˜dormant accounts바카라 사이트™ instead
  • don바카라 사이트™t have to include an auditor바카라 사이트™s report with your accounts

Check what to include in your accounts if your company is small and dormant for Companies House.

Dormant according to Companies House

Your company is called dormant by Companies House if it바카라 사이트™s had no 바카라 사이트˜significant바카라 사이트™ transactions in the financial year.

Significant transactions don바카라 사이트™t include:

  • filing fees paid to Companies House
  • penalties for late filing of accounts
  • money paid for shares when the company was incorporated

You do not need to tell Companies House if you restart trading. The next set of non-dormant accounts that you file will show that your company is no longer dormant.