Closing a company involves not only closing its file with the Companies Registrar, but also closing its files with the various tax authorities. This includes a company's income tax, VAT, National Insurance and Withholding Tax files.
Closing a company's income tax and withholding file with the income tax authorities
In 2019, a directive was issued by the Income Tax Authority amending the prior directive (Income Tax Implementation Directive No 2019/8 – Tax Authority).
The new directive provides that an income tax withholding account shall be categorised as inactive immediately upon the receipt of notice of cessation of transactions. The directive acknowledges that the account
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Web page updated on 17 Mar 2025 13:10