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, [...]
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 [...]
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 [...]
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 [...]
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 — [...]
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 [...]
Receiving a statutory demand is a serious warning that your company could be in financial difficulties. Should you end up having one land on your doorstep, it is essential that you seek specialist and independent [...]
If your company has outstanding tax debt problems with HMRC, such as Income Tax (PAYE) or VAT, it is essential that you seek a resolution as soon as possible. This is because they are classified [...]