What are your options if you cannot repay your Bounce Back Loan?
Concern is growing that after all the warnings about fraud and cash flow issues, the current economic crisis is suddenly starting to […]
What is a phoenix company and are they legal?
‘Phoenixing’ is an unwelcome buzz word to many in the business community and, with company insolvencies on the rise, it is not […]
Personal insolvency series: Personal guarantees, a concerning upward trend for UK small business owners
New figures published by Purbeck Personal Guarantee Insurance show a dramatic 123% year on year increase in the use of personal guarantees […]
What are the best ways for directors to deal with boardroom or shareholder disputes?
Running a business in these deeply challenging times is hard enough without adding Director, Board, or Shareholder disputes into the mix. Unfortunately, […]
What will the end of the Commercial Rents Act mean for business owners?
What was the Commercial Rents Act 2022? The Commercial Rents Act 2022 was brought in by Parliament in March this year with […]
What are the pitfalls of a Director’s loan account?
One of the principles in business most often misunderstood is that a limited company’s financial affairs and those of its directors and […]
What are an employee’s rights if a business becomes insolvent?
When a business becomes insolvent, it is the duty of the directors to act with skill, care and diligence in safeguarding the […]
Should business owners invest in their business despite the economic gloom?
The UK has a woeful record of business under-investment stretching back decades. A recent Institute for Government report highlighted Office for National […]
HMRC petitions and debt recovery: What directors need to know
Business owners are facing a deluge of financial and operational pressures at the moment. From inflation to supply chain disruption and labour […]
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 […]
Avoiding Disqualification as a Director
One of the great fears that can sometimes keep struggling entrepreneurs awake in the wee small hours is being Disqualified as a […]