HMRC Articles

HMRC has recently introduced new powers that will make it easier to trace and collect the VAT generated by transactions that take place on digital...

We are specialists at strategic business rescue and business recovery strategies. If your business is having cash-flow problems, approaching insolvency, or you could use some...

There comes a point when the directors of a struggling business must take stock, assess their situation and try to find a viable solution that...

If your company is struggling under the weight of financial pressure and unable to pay bills when they fall due, the risk of insolvency is...

If you’ve exhaustively chased a customer and there’s still no sign of a payment, it’s time to consider the possible legal action you can take....

If there’s one aspect of running a business that’s sure to frustrate, enrage and even keep business owners up at night, it’s late payments. We’re...

A 21-day moratorium for failing businesses is among suggestions for reforming the UK’s corporate insolvency regime. Will a version similar to America’s Chapter 11 bankruptcy...

A zombie company constantly fighting off debt without ever flourishing. In fact, like a zombie, it shows many of the signs of operating like a...

What happens when you receive your next VAT bill from HMRC and realise you simply can’t pay? At first you might think you’re experiencing a minor...

A director’s duties can be confusing at times. Some company directors fail to properly grasp the distinction between the company as a separate legal entity...

It is not actually against the law to continue doing business when you are insolvent. However, the leeway for insolvent trading only applies up until...

There’s nothing unusual about the director or owner of a limited company deciding to hire an accountant to help meet the company’s tax and accounting...