You will need to notify HMRC if you decide to dissolve a limited company. Before doing so, you should settle any outstanding debts that are due to be paid by or to the company, and then close your business bank account(s). You must then tell HMRC that your company has ceased trading and is ‘inactive (dormant) for Corporation Tax purposes.

Your company will be required to submit a Company Tax Return and pay any outstanding Corporation Tax liabilities from the accounting period before the start date of the winding-up process. You may also need to pay Capital Gains Tax if you dispose of any business assets.

You can find contact details for HMRC Corporation Tax enquiries here.