What does HMRC having recovery powers mean for Directors?
While company directors are generally protected by limited liability, recovery powers granted to HMRC in the Finance Act 2020 mean directors can […]
What can unincorporated businesses do when struggling with debt?
The Bank of England’s latest interest rate hike to 1.25% in June might not take us anywhere near the terrifying heights of […]
Selling a business – preparing to maximise the outcome
In the first part of our advice to entrepreneurs thinking of selling up or looking for a merger partner, we focused on […]
What is the CVL process and when should it be considered?
This article provides a short guide about the CVL (Creditors’ Voluntary Liquidation) process and when should it be considered by business owners […]
Insolvency guidance for directors if your company is in distress
As the Spring flowers continue to bloom and hopefully the heat of summer is not far off, conversely we are witness to […]
Closing your company: Strike off versus Voluntary Liquidation
The impact of the last two years It goes without saying that many thousands of Companies have struggled since the beginning of […]
The creditors are coming but are you ready?
The pandemic has seen businesses given unprecedented protection from their creditors, with the prohibition of Winding Up Petitions and all forms of […]
Business investment for a brighter future
Business investment in the UK has fallen away badly during the pandemic, as the economy has been ravaged by lockdowns, restrictions and […]
What you can do about your business’s HMRC arrears
A recent report by the National Audit Office has revealed that arrears of unpaid taxes to HMRC have increased from £16bn in […]
Members’ Voluntary Liquidation: what directors need to consider
A Members’ Voluntary Liquidation (MVL) is a formal process to bring solvent companies to a close. As directors continue to reflect on […]
What happens once a WUP is issued?
Can you defend a WUP? It is possible to have a WUP set aside on a number of different grounds. The most […]
A creditor threatens you with a Winding Up Petition: What next?
One of the government’s first moves to help businesses at the start of the pandemic was to ban the use of Winding […]