What makes us distinctive?
All you need to know to ensure you are compliant for MTD.
Find out more about CCH OneClick
Directors must act with great care if their company appears to be getting into financial difficulty. Failure to do so could result in a claim for wrongful trading and personal liability.
Signs of problems ahead can often be subtle however it is key to recognise the early warning signs and take early action in order to secure the future viability and success of your business.
Many shareholder directors take part of their remuneration as dividends – but failure to comply with legal requirements could have serious personal consequences.
Cash is the lifeblood of every business. Whether in good times or when margins are tight. Controlling cash is essential for survival and future success.
Under sections 136 and 139 of the Taxation of Chargeable Gains Act 1992, a section 110 reconstruction should be tax neutral for the company and its shareholders.
The "twilight zone" is commonly used to describe a period of trading when a company has, or is predicted to have, insufficient cash to pay its debts as and when they fall due.