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...
by Paul Brindley | Apr 16, 2020 | Advice to Directors
The Institute of Chartered Accountants in England & Wales have just (14 April 2020) issued a reminder that companies considering whether to pay a dividend to shareholders right now should take a range of factors into account. They are not saying don’t do...
by Paul Brindley | Jan 8, 2020 | Administration, CVLs, Director Disqualification
If you are a director of a company which has entered into any type of aggressive tax scheme and your business is now struggling, you really need to read this. This is why… In late 2016, Implement Consulting Limited went into insolvent liquidation, its statement of...
by Paul Brindley | Nov 3, 2019 | CVLs
If you run a company that is marginally solvent, pay yourself a nominal salary and top up your package by paying a dividend, and are at risk of going insolvent some time down the line, then this article is especially for you… Few directors and shareholders truly...
by Paul Brindley | May 10, 2019 | CVLs, Ethics & Regulation
Liquidators have a duty to maximise realisations for the benefit of the creditors. One potential avenue they have to consider is pursuing the shareholders for repayment of dividends that were paid illegally – a common problem where director shareholders of...