Personal Guarantees, Insolvency and Personal Liability
Personal Guarantees, Insolvency and Personal Liability
When insolvency strikes, Personal Guarantees can lead to Personal Liability for the director. Our Insolvency Practitioners can help.
Exam success, a promotion and a new recruit. It has been a great few weeks for Antony Batty Thames Valley
Exam success, a promotion and a new recruit. It has been a great few weeks for Antony Batty Thames Valley
It’s not often you get so much good news in the space of a few short weeks, but when you do, it’s worth celebrating.
We are often asked ‘What is the difference between a Compulsory Liquidation and a Creditors’ Voluntary Liquidation (CVL)?’
What is the difference between a Compulsory Liquidation and a Creditors’ Voluntary Liquidation (CVL)?
Compulsory Liquidations due to HMRC Winding-up Petitions have doubled in 2023. Always take advice early. If Liquidation is unavoidable, a CVL is often the better choice.
10 tips to help with Debt Recovery
10 tips to help with Debt Recovery
Late payments can severely disrupt a business’s operations, and can even lead to insolvency. An effective debt recovery policy is a must.
Budget March 6th 2024 – Is the clock ticking for Business Asset Disposal Relief?
Budget March 6th 2024 – Is the clock ticking for Business Asset Disposal Relief?
Business Asset Disposal Relief (BADR) is still available for Members’ Voluntary Liquidations. Take advantage of the 10% tax rate.
The Government is continuing with its hard line against Bounce Back Loan (BBL) fraud and misuse
The Government is continuing with its hard line against Bounce Back Loan (BBL) fraud and misuse
Suspended prison sentence and £10,000 repayment compensation order for businessman
Creditors Voluntary Liquidations (“CVL”) grew by 9% in 2023, reaching the highest figure since records began. What are the advantages of a CVL?
What are the Advantages of a Creditors Voluntary Liquidation (“CVL”)?
With record levels of CVLs in 2023, it is worth knowing that there is more to a CVL than the removal of creditor pressure, the prevention of legal action and the clearing of unsecured debt. Plus, a CVL does not necessarily mean a director will never work again.
The Key Signs of Financial Distress
The Key Signs of Financial Distress
We always say taking early action is vital, but directors must know what to look for first.
Mental Health and Insolvency
Mental Health and Insolvency
Stephen Evans from our London Office joins Elaine Wilkins as a Mental Health First Aider.
HMRC to Stop Providing Tax Clearance for Members Voluntary Liquidations
HMRC to Stop Providing Tax Clearance for Members Voluntary Liquidations
This makes the decision of who to appoint as Liquidator for Members Voluntary Liquidations much more important than before
