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Hello my accountant has said the £4000.oo each is not payable but is just a profit figure, how do I go about receiving the payment.
The business is a day nursery with the building and all the equipment already paid for and the building has not been sold just the business ceased, the accountant has said their is £4000.00 in profit each when the accounts are done up to the tax year. I asked were is the profit and he said it is not paid out but their would be £750.00 overpaid in tax paid out from his account to my wife and I, he said the HMRC would pay the money to him.