NEWS & INSIGHTS
Information and guidance about how to handle your tax debts.
Negotiating Time to Pay with HMRC
In the wake of the COVID-19 pandemic, and with the furlough scheme coming to an end, businesses across the UK are facing serious financial difficulties. This is why the prospect of negotiating Time to Pay [...]
How to Respond to a Statutory Demand
Receiving a statutory demand should be considered a serious red-flag for you and your business. It is a clear sign that your company could be headed for serious financial issues that will need to be [...]
Are You Ready for the Return of the Compulsory Winding Up Petition?
The 1st October 2021 marked the date a creditor can present a compulsory winding up petition without the restrictions put upon them by the pandemic era. For the last 18 months, companies in financial difficulty [...]
The Consequences of a Winding Up Petition
A winding up petition is a clear indicator that your business is operating inefficiently or inappropriately. It is the clearest indicator that a business is in financial difficulty, and can be the beginning of a [...]
What Happens If You’ve Received a Winding Up Petition From a Utility Company
What is a Winding Up Petition? If you’ve received a Winding Up Petition, your company could be set for a turbulent time ahead. In its simplest terms, a Winding Up Petition is a last resort [...]
Can You Negotiate With HMRC?
When it comes to being a business owner, routinely making payments to Her Majesty's Revenue & Customs (HMRC) is a given. However, it’s not uncommon for businesses to fall behind on payments and amass larger [...]
How to Stop a Winding Up Petition
One of the most severe actions a creditor can possibly take against a business, a winding up petition can easily turn into a winding up order, and lead to the quick closure of a business [...]