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Number of UK companies facing significant financial problems rising
Whilst most companies tend to think of their finances in terms of quarters and conduct business according to the tax year, there’s still something about a... [Read the full blog...]Filed Under: Financial recovery
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What happens if I don't pay back my Bounce Back Loan?
In early 2020, the government established three business loan schemes in response to the COVID-19 pandemic. These were the Coronavirus Business... [Read the full blog...] -
Does TUPE apply when a company is liquidated?
There is a lot of confusion surrounding TUPE Transfer of Undertaking (Protection of Employment) Regulations TUPE regulations are designed to protect... [Read the full blog...]Filed Under: liquidation
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How to prepare for the restored VAT rate in hospitality and tourism
Currently, there is a reduced rate of VAT for the hospitality and tourism of 12.5%. In the midst of the COVID-19 pandemic in 2020, Chancellor Rishi Sunak... [Read the full blog...] -
The post pandemic return of the winding up petition
A winding up petition is the strongest action a creditor can take against your company. It is often a last resort after payments and reminders have been... [Read the full blog...] -
Five business rescue options for companies struggling with the price increase of raw materials
It’s no secret that raw material costs are continuing to rise all over the world. Volatile and unstable global markets, the coronavirus pandemic and... [Read the full blog...]Filed Under: Business rescue
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Important things to know about preference payments and employees
When a company becomes insolvent, as a director, one of your main responsibilities is to act in the best interest of your creditors. Under the ‘pari... [Read the full blog...] -
Can I Get Car Finance After Bankruptcy?
Going bankrupt can be an extremely stressful experience. Worry is unavoidable for anyone who’s considering declaring themselves bankrupt, with one of the... [Read the full blog...]Filed Under: Insolvency, personal debt
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Can I dissolve a company with a Bounce Back Loan or a Coronavirus Business Interruption Loan?
Bounce Back Loans and Coronavirus Business Interruption Loans were introduced by the government in 2020 to help businesses weather the coronavirus storm.... [Read the full blog...]