What are the risks of signing a personal guarantee for a company loan?
| 20-09-2024The risk of signing a personal guarantee, is that you, as a director, are taking personal responsibility for the loan should your business default...
Read MoreNews and Content
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.
Insolvency Service Investigations Close Seven Companies Offering a “Corporate Rescue Scheme”
|Two corporate rescue firms that claimed to offer directors of insolvent companies access to a “corporate rescue scheme” have closed after an Insolvency Service investigation.
Read More
Uncertainty around potential Capital Gains Tax changes. Consider a solvent Members Voluntary Liquidation (MVL) before the autumn budget.
| 04-09-2024The new Government’s first autumn budget is due on 30th October 2024. Tax rises are expected, and some speculate increases to Capital Gains Tax.
Read More
What is the £1 Insolvency Avoidance Scheme?
| 28-08-2024The £1 insolvency avoidance scheme is designed to help directors evade formal liquidation. The scheme is not regulated and can leave directors liable for company's insolvency.
Read More
Unlicensed Insolvency Practitioners Wound Up by Insolvency Service. Why You Should Always Speak to a Licensed and Regulated IP.
| 08-08-2024In July 2024, the Insolvency Service wound up and closed a company acting as an unlicensed insolvency practitioner.
Read More
Notice: Vivat Direct Limited t/a Reader’s Digest
| 03-05-2024Wilson Field Limited have been instructed by the directors of Vivat Direct Limited trading as Reader's Digest (“the Company”) to assist with the formalities of a Creditors Voluntary Liquidation.
Read More