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R&D tax relief in 2026: valuable support for companies, but claims must stand up to scrutiny

R&D tax relief in 2026: valuable support for companies, but claims must stand up to scrutiny

by Paul Brindley | Aug 25, 2026 | Advice to Directors, Creditor, Supplier and Employee Issues

There isn’t a great deal of government money readily available to businesses at the moment. However, Research and Development tax relief remains an established route through which companies undertaking genuine innovation may obtain valuable tax support, improving...
Overdrawn Directors’ Loan Accounts in Liquidation: The Debt That Does Not Disappear

Overdrawn Directors’ Loan Accounts in Liquidation: The Debt That Does Not Disappear

by Paul Brindley | Aug 20, 2026 | Advice to Directors

One of the more difficult conversations I have with directors concerns an overdrawn director’s loan account. The director often regards it as an accounting entry. I, as liquidator, have to regard it as an asset. If a director has taken money from the company which was...
Dividends, Drawings and Director Pay When Cash Is Tight

Dividends, Drawings and Director Pay When Cash Is Tight

by Paul Brindley | Jul 14, 2026 | Advice to Directors

In many owner-managed companies, the director’s pay arrangements have evolved rather than been designed. There is a modest salary through payroll. Dividends are taken when cash allows. Personal expenses sometimes find their way through the business bank account. The...
Is It Time to Stop Trading? The Question Every Director Eventually Faces

Is It Time to Stop Trading? The Question Every Director Eventually Faces

by Paul Brindley | Jun 19, 2026 | Advice to Directors

There comes a point in almost every struggling business when the director asks the same question: “Can we carry on for just another few weeks?” Sometimes the answer is yes. Sometimes it isn’t. Knowing the difference is one of the most important...
Personal Guarantees and Insolvency … What Directors Need to Understand

Personal Guarantees and Insolvency … What Directors Need to Understand

by Paul Brindley | Jun 10, 2026 | Advice to Directors

Personal guarantees often sit quietly in the background for years. They get signed when the bank or landlord want comfort or when the finance company wants a bit more security. At the time, they can feel like just another document. But when the business hits trouble,...
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