BVG1010 - Bona Vacantia: Overview

What this guidance is about

This guidance explains how to deal with amounts owed by HMRC to UK-incorporated companies but which have now ceased to exist. Limited liability partnerships are treated the same as UK-incorporated companies for the purpose of this guidance. This guidance should be read in conjunction with any existing guidance that deals with the aforementioned subject matter.

Where such amounts are held by HMRC they come under the legal heading of ‘bona vacantia’.BVG1020 tells you more about ‘bona vacantia’.