Bishop Fleming joins Escalate dispute resolution platform

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Accountancy firm Bishop Fleming has become the latest leading professional services business to join Escalate, the ground-breaking commercial dispute resolution process for SMEs. Bishop Fleming has over 340 staff across offices in Bath, Bristol, Exeter, […]

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Should I support my customer’s Company Voluntary Arrangement?

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There has been increased news of companies using Company Voluntary Arrangements (“CVAs”), as High Street retailers have begun to use them in order to continue in business, some more successful than others. Business Recovery Executive, […]

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Financially-distressed companies get government help

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New tools have been launched by the government that are designed to improve rescue opportunities for financially-distressed companies. The tools are part of new reforms that will also help the government crack down on rogue directors and protect creditors, […]

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Winding up? HMRC has a loan to pick with you

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If you are winding up your solvent company and it contains an overdrawn director’s loan account that you are not repaying, HM Revenue & Customs (HMRC) may tax its distribution as income rather than capital. […]

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What is a Personal Liability Notice?

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A Personal Liability Notice (PLN) can be issued by HM Revenue & Customs (HMRC) on an individual where it suspects there has been fraud or dishonesty. It is therefore important to understand what a PLN […]

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What are Company Voluntary Arrangements?

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A number of beleaguered department stores are considering Company Voluntary Arrangements (CVAs) as a means of addressing their liabilities and continuing in business. Luke Venner provides an introductory look at the CVA process and how it can […]

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Crackdown on debt dodging directors

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Directors determined to dodge debts by dissolving companies face disqualification and fines under a new government crackdown. The government has come forward with new proposals to raise standards in corporate governance by cracking down on […]

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Retailer insolvency – Playing your cards right

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There are repercussions for users of Credit cards and gift cards where a retailer becomes insolvent. Sam Hawkins explains. Retailer insolvency has been on a noticeable increase recently with high profile cases such as Toys […]

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Why Should I Choose a Members’ Voluntary Liquidation?

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A Members’ Voluntary Liquidation (MVL) of a company can be a sensible route to winding up a company in certain circumstances. It is often the case that a company which is perfectly solvent and has […]

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Good moves to cut bad credit card debts

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The Financial Conduct Authority (FCA) has told credit card providers they must do more to help people with persistent credit card debt. The financial watchdog has introduced new rules that take effect from 1 March 2018, but has given credit […]

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