Hidden Extras when putting a company into liquidation In this article, we’re telling you about hidden extras when putting a company into liquidation. We know what you’re thinking – what do you mean? If you’re considering putting your company into voluntary liquidation, you will be charged a
Read more →How long does liquidation take? So, you’ve decided to liquidate your business, you’re probably trying to figure out how everything works, when things will start to happen and how is best to deal with the liquidation process. If you’re wondering – how long does liquidation take? We’re
Read more →Order of Payments in Liquidation: Who gets paid first? When entering an insolvent liquidation for the first time, it can be hard to understand how everything works. If your business is insolvent, that means your company owes a range of creditors money that you can’t pay back.
Read more →A guide to company voluntary liquidation If your business is suffering financially, you may be worrying about what’s next and how to deal with it. The good news is that you may have a variety of options available depending on your personal circumstances. It’s important to try
Read more →IR35 Close LTD Company Many one-man and woman bands choose to operate as a personal service company, and until the IR35 tax reforms, this typically worked well. However, IR35 reforms have led to many contractors no longer being able to secure a job outside IR35 and no
Read more →Closing a business is never an easy decision and it’s usually one that you’ve spent a lot of time considering before making a final decision. Usually, when dealing with an insolvent company, directors will make the decision to start the company closure using one of the formal
Read more →Company Strike Off or Liquidation: What’s the difference? So you’ve decided to close your limited company, but how do you know which option is the most suitable for you? You might choose a company strike-off or liquidation, and we’re here to explain the differences. Closing your limited
Read more →For many business owners, the financial pressures of the last few years still impact their business strategies. For some, they may even be getting worse due to rising costs of living, materials and other services. Due to this, many business owners are likely wondering, can I liquidate
Read more →Will you have to pay your BBL back if you liquidate? During the pandemic, many business owners took out bounce-back loans. These loans came at a time of great uncertainty, providing some protection for struggling businesses. Unfortunately, many businesses have still not bounced back and are therefore
Read more →What happens to a director of a company in liquidation? If you find yourself in the unfortunate position of your limited company facing insolvency, it can be a very uncertain and stressful time. In this article, we’ll look at exactly what happens to a director of a
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