by Paul Brindley | Apr 10, 2023 | Advice to Directors
In tough financial times, it’s a natural instinct to lean on the advice and support of our friends and family. But even though they have the best of intentions, it might not be the safest route when you’re steering through the tricky waters of personal or...
by Paul Brindley | Apr 10, 2023 | Advice to Directors
Invoice discounting, also known as invoice financing, is a financing method that allows businesses to use their unpaid invoices as security for a loan. In this type of financing, the ownership of the sales ledger debts remains with the business owner, but they use the...
by Paul Brindley | Apr 10, 2023 | Advice to Directors, Personal Debt
A personal guarantee is a legally binding agreement that an individual (you as guarantor) will be responsible for the repayment of a debt, should the debtor (usually a business) fail to do so. It is often required by lenders such as banks to provide additional...
by Paul Brindley | Mar 12, 2023 | Advice to Directors, Director Disqualification, Upsettable Transactions
As an insolvency practitioner, I understand that director payments from a company are an important issue because of the duties owed by directors to shareholders and creditors. In this article, I will provide you with an overview of director payments and what you need...
by Paul Brindley | Feb 26, 2023 | Advice to Directors, Director Disqualification, Ethics & Regulation
The UK Government has pledged to provide additional funds of £79 million over the next five years to support HM Revenue & Customs in addressing compliance risks amongst wealthy taxpayers and combating tax fraud. In response, HMRC is utilising its vast array of...
