by Paul Brindley | May 13, 2021 | Advice to Directors, Alternatives to formal insolvency, CVLs, Upsettable Transactions
You may have heard in the press about the Bill passing through parliament to hold directors of dissolved companies to account – There’s been quite a bit of scaremongering about it. So let’s put the record straight… The Bill is...
by Paul Brindley | Feb 28, 2021 | Administration, Advice to Directors, Alternatives to formal insolvency, Ethics & Regulation
Simply striking a company off can be a great route for directors to shut a limited company… in the right circumstances. A few months ago, Companies House temporarily stopped striking companies off, whether on an application by the directors or by Companies...
by Paul Brindley | Jan 23, 2021 | Administration, Advice to Directors, Alternatives to formal insolvency, CVLs, MVLs
If you want to pay to liquidate your company using your personal Bitcoin, Ethereum or other crypto holding, I will accept crypto payments from you, whether it’s a solvent or insolvent liquidation you are looking for. There is, as far as I’m aware, no other...
by Paul Brindley | Jan 3, 2021 | Advice to Directors, Alternatives to formal insolvency
Owe some tax under self assessment? On 31 January (2021) the following tax is due to be paid: The 2nd payment on account for the tax year 2019/20 (if you deferred it from 31 July 2020); AND The balancing payment for the tax year 2019/20; AND Your first payment on...
by Paul Brindley | Nov 9, 2020 | Advice to Directors, Alternatives to formal insolvency, CVAs
R3 have just issued some new ‘standard terms’ for small company CVAs to reflect Covid19 issues. They do require quite heavy tailoring to the circumstances of the case though. Here’s a link: Standard CVA terms And here is a link to a lawyer’s...