Ways to Reduce Costs in Business
Working out ways to reduce costs in business has always been an excellent option if you're looking to improve your overheads. However, in 2023 the financial climate is as tumultuous for companies as it has [...]
How Can an Increase in Corporation Tax Affect a Business
While an increase in corporation tax rates might not attract quite as much publicity as income tax rises, for example, the impact it can have on businesses can be significant. For many company owners, [...]
Life After Liquidation: A Guide for Directors
For company directors, life after liquidation can go down a number of different avenues. Most promising of all is that it can free you up to explore a number of new and exciting opportunities. [...]
Can You Strike Off a Company with Bounce Back Loans?
The question of whether or not you can strike off a company with bounce back loans (BBL) outstanding has been asked by directors since the concept was introduced during the height of the COVID-19 pandemic. [...]
Will Bounce Back Loans be Written Off?
Originally written April 2023. Last Updated March 2026. If you took out a Bounce Back Loan in 2020-2021 and cannot afford to repay it in 2026, you're facing a critical question: will your Bounce Back [...]
Can a Creditor Make Me Bankrupt as a Company Director?
As director of a limited company, one thing you likely are sure of is your relative safety when it comes to bankruptcy should your business ever fail. However, there are some situations where personal insolvency [...]
Can I Start a New Company After Liquidation
If your company has been liquidated, or you’re considering liquidation, you might be wondering: can I start a new company after liquidation? Perhaps the failure was a result of circumstances beyond your control: a major customer [...]
Can You Revive a Dissolved Company?
Has your business been recently closed down, seemingly for good? If so, it’s not uncommon for directors to consider what to do next. When asking questions about the future, you might wonder ‘can you revive [...]
What happens to Employees When a Company Goes Into Liquidation
If you’re a company director or owner and your firm enters liquidation, it’s vital that you consider all aspects of your business, and what impact liquidation could have on every party involved. As director, [...]
A Guide to Company Liquidation and Director’s Loan Accounts
When your company goes insolvent, it’s possible that your director’s loan account may not be at the forefront of your mind. However, what may first appear to be a low-level issue, could soon spiral and [...]