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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 your employees that your company is insolvent?
When should you tell your employees that your company is insolvent and how can a professional insolvency practitioner help? In some unfortunate cases,... [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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I don’t want to let my staff down
As a company director, if your company is insolvent, you are duty-bound to close it down or enter into a formal arrangement. It’s never easy talking about... [Read the full blog...]Filed Under: CVA, Insolvency, Pre-Pack Administration
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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...] -
How to be sure you are paying the correct business tax
Every company in England has one common creditor: HMRC. All business owners must pay business tax, but how do you know if you’re paying the correct... [Read the full blog...]Filed Under: Business Tax Advice