by Paul Brindley | Aug 21, 2020 | Administration, Advice to Directors, Alternatives to formal insolvency, CVAs, CVLs, Ethics & Regulation
HMRC have just issued some fresh policy guidance, dated 13 August 2020, on their collection of debts. Click on the red to go to the actual guidance. How HMRC treats customers who have a tax debt. Note that HMRC says here that: ‘There is no standard Time to Pay...
by Paul Brindley | Jun 6, 2020 | Advice to Directors, CVLs
If you are a director of a debtor company which is, or could soon be, subject to a statutory demand or winding up petition, this is for you – a short summary of what’s in the current draft of the Corporate Insolvency & Governance Bill (‘the...
by Paul Brindley | Jun 3, 2020 | Advice to Directors, CVLs, Ethics & Regulation
There is a bill passing through the Houses of Parliament right now that gives HMRC powers to make a company officer (eg director) jointly and severally liable for the Income Tax charge raised in relation to any CJRS payment to which the company was not entitled or any...
by Paul Brindley | May 16, 2020 | Administration, Advice to Directors, CVLs
Some questions and answers to explain phoenixism… Introduction Phoenixism has a bad reputation in the minds of people who have never gone through it as an owner / manager of a business which has been owed money by a company that’s done it. But a bit like going to the...
by Paul Brindley | May 3, 2020 | Administration, Advice to Directors, Alternatives to formal insolvency, Coronavirus, CVAs, CVLs, MVLs
[huge_it_slider id=”3″] In anticipation of the expected massive increase in insolvency work in coming weeks and months due to the Coronavirus pandemic, we have created an interactive tool to help directors of struggling UK companies make informed decisions...