How to Identify Cash Flow Problems
You can have an excellent USP, a great product, a dedicated customer-base, and a busy business, but if you aren’t able to maintain a good cash flow, you are straddling a fine line between [...]
What Happens if a Limited Company Cannot Pay Corporation Tax
Published June 2022 by Steven Wiseglass. Last updated October 2026. If your limited company can't pay its corporation tax bill, you need to act quickly. HMRC takes unpaid tax seriously and has strong enforcement powers, [...]
What to do if a Limited Company Cannot Pay VAT
If your limited company can't pay VAT, you need to act before HMRC does. VAT is considered a trust tax — meaning the money was never yours to keep. HMRC treats non-payment as a very [...]
Can HMRC Pursue a Dissolved Company?
For any business that has been struggling for long periods of time with little to no respite on the horizon, closing may seem like the only viable option left. However, when you have a debt [...]
Can You Negotiate With HMRC?
The recent resumption of winding up petitions following the COVID-19 pandemic has left many businesses scrambling to shore up their finances. Unfortunately, some will find that they are unable to pay what they owe — [...]
What is a HMRC Time to Pay Arrangement?
Despite the new year bringing with it renewed optimism, the effect of the COVID-19 pandemic is still affecting businesses across the country every single day. The recent end of the government's furlough scheme has put [...]
What Happens When a Company Goes into Receivership?
Receivership involves the process of the appointment of a receiver who will gain control over the company and seize certain assets, sell them off, and repay debts with funds raised. While no longer as common [...]
What Constitutes a Genuine Dispute Over a Statutory Demand
Being issued a statutory demand is a stressful time for any business owner — with potential legal fees and the threat of liquidation looming, it can be difficult to know where to turn. However, [...]
A Guide to Challenging a Statutory Demand
Being served a statutory demand can be a stressful situation to be put in — however, the process of challenging a statutory demand can be just as testing and complicated, especially without the required knowledge. [...]
How to Calculate Redundancy When a Company goes into Administration
A director of a company entering into administration will be faced with a number of serious issues that will need resolving in the weeks and months to come. Dealing with the contracts of employees, and [...]