Guides & FAQ’s
It can be difficult to find the time to understand what help is available to help your circumstance – especially when you are busy running your business. So, we’ve put together some informative articles to help to-answer questions you may have regarding your business, any problems it might be facing and the procedures which you may be considering. If there’s an answer you can’t find, don’t hesitate to contact us via online chat or by telephone, as our friendly advisors are on hand to provide free, no-obligation guidance.
- Bailiffs help & advice
- Difference between a bailiff, high court enforcement officer and debt collector
- How to stop bailiff action when your limited company has a CCJ it cannot pay
- What are my rights against bailiffs?
- What can a bailiff legally take from my business premises?
- What can bailiffs take?
- What happens when my company receives a High Court Writ or Warrant of Control?
- What is an HMRC notice of distraint and what to do if my company receives one?
- What powers do bailiffs have?
- Company debt help & advice
- Administration or Liquidation? What’s the difference? Which is best for my company?
- Can business debt make you lose your home?
- Can I dissolve a company with a Bounce Back Loan (BBL)?
- Can’t afford to pay my employees – What can I do?
- County Court Judgement (CCJ) help and advice
- Dealing with HMRC company debt
- Do assets belong to me personally or the company?
- How to stop creditor pressure – limited companies
- I can’t afford to pay my suppliers
- I can’t pay my PAYE tax bill – What are my options?
- Is my company solvent or insolvent?
- My company is insolvent – what can I do?
- My limited company can’t pay its HMRC VAT bill what are my options?
- What are fixed charges and floating charges?
- What can I do if I can’t pay my company’s HMRC bill?
- What happens if I take dividends from an insolvent company? Is an unlawful dividend legal?
- What happens to personal guarantees in insolvency?
- What if I can’t afford to pay my business rates?
- What is a director’s loan account?
- What is insolvency?
- Who are my preferential creditors?
- Who gets paid first in insolvency?
- Write off company debt and start again
- I can’t afford to pay my business’ energy bills – what can I do?
- Company recovery help & advice
- Company payment plans
- Company Voluntary Arrangement (CVA) or administration?
- Company Voluntary Arrangement (CVA) or Creditors Voluntary Liquidation (CVL)?
- How can I consolidate my business debt?
- Receivership & Administrative Receivership
- Company Administration
- Company Voluntary Arrangement (CVA)
- Can a Company Voluntary Arrangement (CVA) write off company debt?
- Company Voluntary Arrangement (CVA) FAQs
- How much does a Company Voluntary Arrangement (CVA) cost?
- How to apply for a Company Voluntary Arrangement (CVA)
- What are the advantages and disadvantages of a Company Voluntary Arrangement (CVA)
- What happens at a Company Voluntary Arrangement (CVA) creditors meeting?
- What if a Company Voluntary Arragnement (CVA) fails?
- What if a Company Voluntary Arrangement (CVA) is rejected?
- Time to Pay Arrangement & HMRC Debt
- Coronavirus (COVID-19): How we can help you or your company
- Can I be held personally liable for a Bounce Back Loan (BBL)?
- Can I close and liquidate my company with a Bounce Back Loan (BBL)?
- Can my company get a Bounce Back Loan (BBL) repayment extension?
- Can you write off a Bounce Back (BBL) Loan?
- Can’t afford to pay my staff when furlough ends
- Company help for business affected by coronavirus
- Coronavirus (COVID-19): Employees’ guide
- Coronavirus (COVID-19): Employers’ guide
- Coronavirus: Am I eligible for government support?
- Coronavirus: Bouncing back with a Bounce Back Loan
- Coronavirus: Can a Time to Pay Arrangement help?
- Coronavirus: Do I qualify for the Self-Employment Income Support Scheme?
- Coronavirus: Help for employees and individuals
- Coronavirus: Sole trader help
- Coronavirus: What if my business is rejected for government help?
- COVID-19: Help for landlords
- COVID-19: What if my insurance won’t pay out?
- Furlough scheme ending: What help is available?
- Government furlough scheme: How it works
- Have I misused my Bounce Back Loan (BBL)?
- Help for businesses with coronavirus cash flow problems
- I need to close my company due to Coronavirus (COVID-19)
- Should I repay my Bounce Back Loan (BBL) or Coronavirus Business Interruption Loan Scheme (CBILS)?
- What can I do if I can’t afford to repay my company Bounce Back Loan (BBL)?
- What can I do if I can’t afford to repay my company Coronavirus Business Interruption Loan Scheme (CBILS)?
- What happens to my Bounce Back Loan (BBL) in liquidation?
- Winding-up petitions and Coronavirus (COVID-19): What happens?
- Wrongful trading and COVID-19: Advice for directors
- Duties of an insolvency practitioner
- Finance & funding help & advice
- How to close a limited company help & advice
- Can HMRC pursue a dissolved company?
- Can I close and liquidate a company with debts and start again?
- Can I continue to be a company director after liquidation?
- Can I liquidate a company myself?
- Can I sell my company assets before liquidation?
- Can I walk away from a limited company with debts?
- Close a limited company that has stopped trading
- How do I close my company with no assets?
- How do I voluntarily liquidate my company?
- How long does it take to close and liquidate a company?
- How much does it cost to close and liquidate my company?
- How to close a consultancy company
- How to close a dormant company
- How to close a limited company without paying tax
- How to liquidate a franchise company
- How to wind up & close your limited company
- If I close a limited company will I be personally liable for its debt?
- If I liquidate my company, what happens to my employees’ redundancy pay?
- If I resign as a company director, am I personally liable for its debt?
- If my limited company goes bust, will I lose my house?
- IR35 and closing a company
- My company is insolvent but cannot afford liquidation, what are my options?
- Redundancy for directors
- Should I liquidate my company?
- The role of the liquidator
- Voluntary liquidation
- What if a director disputes a liquidation? How to resolve it
- What Is Limited Company Bankruptcy?
- What is the cheapest way to liquidate a company?
- Why should you avoid making preference payments when your company is insolvent and facing liquidation?
- Will a company liquidation affect my credit rating?
- Creditors Voluntary Liquidation (CVL)
- Can I reuse my company name after liquidation?
- Consequences of a Creditors Voluntary Liquidation (CVL) for directors
- Creditors Voluntary Liquidation (CVL) FAQs
- How much does a Creditors Voluntary Liquidation (CVL) cost?
- How to apply for a Creditors Voluntary Liquidation (CVL)
- What are the advantages and disadvantages of a Creditors Voluntary Liquidation (CVL)?
- What happens after I liquidate my company?
- Pre-pack liquidation
- What is a Members Voluntary Liquidation (MVL)?
- How much does a Members Voluntary Liquidation (MVL) cost?
- How to apply for a solvent Members Voluntary Liquidation (MVL)
- How to prepare your company for Members’ Voluntary Liquidation (MVL)
- IR35 contractor MVL – tax-efficient Members Voluntary Liquidation
- Members Voluntary Liquidation (MVL) FAQs
- MVL expenses
- Solvent restructuring – MVL Section 110
- Tax-efficient members voluntary liquidation (MVL)
- What are the advantages and disadvantages of a Members Voluntary Liquidation (MVL)?
- What is an MVL distribution in specie?
- What is Business Asset Disposal Relief in a Members Voluntary Liquidation (MVL)?
- Types of liquidation
- Compulsory liquidation
- Company dissolution
- Personal & sole trader debt help & advice
- Can limited company debt affect my personal finances?
- How can a CCJ affect me personally?
- How to deal with sole trader debts
- How to stop creditor pressure – Individuals
- Individual Voluntary Arrangement (IVA)
- How much does an IVA cost?
- How to apply for an Individual Voluntary Arrangement (IVA)
- Individual Voluntary Arrangement (IVA) FAQs
- IVA or Bankruptcy?
- What are the advantages and disadvantages of an IVA?
- What debts can be included in an IVA?
- What if my IVA is rejected?
- Will an Individual Voluntary Arrangement protect my home?
- What is bankruptcy?
- Trading whilst insolvent, wrongful trading and fraudulent trading
- Winding-up Petition Help & Advice
- Have I been issued with a winding-up petition?
- HMRC want to wind up my company
- I have received a winding-up petition – what can I do?
- Stop a winding-up petition
- Understanding winding-up petitions for unregistered businesses
- What is a validation order?
- What will happen when my company has been issued with a winding-up petition?
- Winding-up petitions (WUP) FAQs
- Winding-up petitions and frozen bank accounts