Notice: Information about Vivat Direct Limited, t/a Reader's Digest
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.
A CBILS loan is treated the same as any other unsecured debt, up to the value of £250,000, and are not a liability to the director as the debt belongs to the company.
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In February 2021, the Supreme Court ruled that UK-based Uber drivers were workers rather than self-employed, altering the company’s tax obligations.
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Bounce Back Loan repayments can be extended if a company is struggling to maintain them. Your company’s lender should offer flexible repayment options.
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Directors should avoid making preference payments, when the company is insolvent, so they can't be found personally liable for company debt or banned as director
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Glance at the news and you’ll likely see stories on the cost-of-living crisis. Businesses are feeling the pinch and might find they can’t pay their energy bills
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Price rises can affect a business' energy bills, and depending on their usage, they could find themselves unable to repay.
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