NEWS & INSIGHTS
We regularly update our blog to cover the latest financial news and events. Keep checking back to keep up to date with the latest developments.
What Happens if a Limited Company Cannot Pay Corporation Tax
If your limited company cannot pay corporation tax, you are likely to be in a very tough situation. With sanctions, penalties, fines, and even the potential for the forced closure of your business potentially on [...]
What to do if a Limited Company Cannot Pay VAT
If you are the director of a limited company that cannot pay VAT, it is important that you understand the situation you are in — what you should do first, and what options are open [...]
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 [...]
Free eBook: A Guide to Putting a Business into Liquidation
If you believe your business may be in distress, understanding the warning signs early is essential to securing the best possible outcome. In our free guide, we explore the process of putting a business into liquidation, what options you have when it comes to insolvency, the impact liquidation has on stakeholders, and much more.
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 [...]