Unpaid invoices – a risk of liquidation?
How much time and effort does your company have to spend chasing unpaid invoices? According to Government figures, on average business owners waste 86 hours per annum chasing invoices. That
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Directors – are your redundancy entitlements protected?
Are you a director and shareholder of a company? As part of holding office were you advised to take a minimum salary with the remainder of your remuneration package by
Early advice is the best advice
At PBC we regularly hear directors express their fear of being disqualified, held liable for wrongful trading or even believing they may face going to prison! Admittedly, they are the
Achieving payment in full
Recently, PBC took on a compulsory liquidation where there were no known assets, other than an adverse director loan and that director now lives in Dubai. After enquiries were made
Members’ Voluntary Liquidations – Countdown to 5 April 2026 and a 4% Tax Saving
The rate of CGT that applies to Business Asset Disposal Relief on the lifetime allowance of £1Million is currently 14% until 5 April 2026. After this date it will rise
HMRC – an involuntary creditor
In business, companies will enter into contracts or trade agreements with suppliers and customers by a matter of choice. However, H M Revenue & Customs (“HMRC”) have no choice. They