Coronavirus Support is Changing
| 29-09-2021While the furlough scheme is winding down, the government's coronavirus support is changing rather than ending. Support for struggling businesses won’t disappear.
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Take a look through the latest in-depth industry news as well as a range of features, insights and advice across a variety of different financial topics. Have a browse through our guides and web pages, so you can get an idea about what options might be possible and most helpful in your situation.
How to wind up & close your limited company
| 31-08-2021To wind up and close your limited company, the process depends on if the company is solvent or insolvent. Solvent companies can close via dissolution or an MVL while insolvent companies must close via a formal CVL.
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Will an Individual Voluntary Arrangement protect my home?
| 25-08-2021An IVA is a formal repayment plan between an individual and their creditors, allowing affordable monthly repayments But will an IVA protect your home?
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Can I close and liquidate a company with debts and start again?
| 20-08-2021Yes, it is possible for you, as a director, to close and liquidate a company and then start a new one. A company liquidation typically has no legal bearing on setting up a new one.
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If my limited company goes bust, will I lose my house?
|No, as the director of a limited company, in most circumstances, if your company becomes insolvent you will not lose your home.
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Company strike-off application rejected – what can I do?
| 19-08-2021Directors wishing to close a company can apply for a 'strike-off’, however, if there are unpaid creditors, you could see the strike-off application rejected.
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