J
johnnycope
Guest
So I've got to liquidate my small business (only employs me now), and have debts of about €50k to Revenue. They are my only real creditor - I have a business loan, but it comes with a personal guarantee. I just want to have this liquidation done and over with - Revenue are getting more and more demanding, I'm just not making the income to cover this, and it's put me under a lot of strain over the past while.
I have two questions, it'd be great if you could give some advice.
1. How much will the liquidation cost? I've checked around AAM, but get wildly varying estimates. I have no stock (services business), I'm the only employee, paperwork is fairly minimal, and I'm based outside Dublin. What would the likely cost be?
2. Is there a chance that Revenue will chase me privately for the debt?
Thanks in advance for any advice you can give.
I have two questions, it'd be great if you could give some advice.
1. How much will the liquidation cost? I've checked around AAM, but get wildly varying estimates. I have no stock (services business), I'm the only employee, paperwork is fairly minimal, and I'm based outside Dublin. What would the likely cost be?
2. Is there a chance that Revenue will chase me privately for the debt?
Thanks in advance for any advice you can give.