How to extract your hard-earned cash in a tax efficient way when considering retirement plans or an exit strategy.
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If your limited company is insolvent, it can use a company voluntary arrangement (CVA) to pay its creditors over a fixed period, allowing it to keep trading.
With Halloween just around the corner we are looking at the potential horror story of a Government funding scheme that might come back to haunt British taxpayers for years to come. During the early stages of the pandemic, many activities that would normally have taken...
1. Overview A company is insolvent if it cannot pay its debts as they fall due. There are distinct types of corporate insolvency: • Liquidation • Administration • Receivership • Company Voluntary Arrangement As a director, you are under a duty to act in the...
Breathing space for businesses struggling from the effects of covid-19
Rescue of JAC Vapour from Provisional Liquidation