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How to make sure you pay the right utilities when restarting your businesses
It’s tougher than ever before for UK businesses. Soaring energy bills, rising inflation and the risk of recession means we are living in turbulent times.... [Read the full blog...] -
Are you personally liable for bounce back loan debt as a business director?
If your company defaults on a bounce back loan, are you personally liable for bounce back loan debt as a company director? Two years on from the... [Read the full blog...] -
5 ways to rescue your utility company from the brink
The energy market is going through a period of huge upheaval, making it harder than ever for companies to plan ahead. Thanks to constantly increasing... [Read the full blog...] -
The six different types of insolvency explained
The difference between insolvency and bankruptcy Insolvency occurs when a company or individual is unable to pay its debts as they face financial... [Read the full blog...]Filed Under: Business Insolvency
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When is the right time to tell employees that your company is insolvent?
In some unfortunate cases, insolvency is inevitable - and sadly, the effects will not only be felt by you and any other directors, but also by your... [Read the full blog...]Filed Under: Business Insolvency, Trading
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What To Do If You Miss the HMRC's Tax Return Deadline
You are legally obliged to declare your earnings and submit a completed tax return every year if you are a sole trader or run your own business. For those... [Read the full blog...]Filed Under: tax return, income tax self-assessment
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What to do with a redundancy payout if you're in debt
It seems as if the United Kingdom - and even the entire world to a certain degree - has been firmly in the grip of financial uncertainty forever. The... [Read the full blog...]Filed Under: Personal Insolvency
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Everything you need to know about how to restore a company after it has been struck off
The process of company restoration is basically the attempt to breathe life back into a dissolved company. If a business has been removed from Companies... [Read the full blog...] -
Your most popular CVL FAQs answered
If a company is insolvent, the shareholders can opt to go through a creditors’ voluntary liquidation (CVL). A CVL is a quick yet powerful way to close a... [Read the full blog...]