What is a Members Voluntary Liquidation? A Members Voluntary Liquidation (MVL) is the winding up of a solvent company. A Members’ Voluntary Liquidation is a shareholder-led process and tax efficient way to close down a solvent company. It’s...
Read more...The Circle networking........6th December Bretts Business Recovery are working together with MJ Bushell Accountants to re-launch the networking event, The Circle. The relaunch is being held on Thursday 6th December from 4.30pm at The Teriss...
Read more...The story of a director of a haulage firm receiving an 11-year director’s ban after he falsified VAT claims in order to try and save his business, when it hit a difficult time, is a classic tale of a director thinking he can cheat the system to...
Read more...As Philip Hammond delivered his third Budget as chancellor with his comment of the Era of austerity is "finally coming to an end”, as always, we see some winners and losers. One of the changes that will have a big impact despite not capturing the...
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Andrew Brooke (45) and Gary Gregson (38) have been disqualified after transferring more than £0.5 million from their own debt management companies. Both bosses have been disqualified for a combined total of 23 years, 13 and 10 years...
Read more...Voluntary strike off If you are looking to cease trading and close down your company, you may find that there are various options open to you. If your company is solvent, meaning there is no outstanding debt to creditors and is fully up to date...
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Loose Women star, Lisa Maxwell’s husband has been disqualified for 12 years for submitting false tax returns. The court ordered that Paul Jessup be disqualified from being directly or indirectly involved in the promotion, formation or management...
Read more...The Christa Ackroyd v HMRC tax case is a typical IR35 case and sets a precedence, as this is the first ruling under this legislation in seven years. In this case, HMRC claimed that the IR35 regulation applied and that a BBC presenter should be...
Read more...Over recent years we have seen many great British Brands disappear from the high street and, following this worrying trend, two more have been added to the list with Toys R Us and Maplins recently announcing closures. Shopping habits have...
Read more...The most recent Insolvency statistics have been distributed by the Insolvency Service for the last quarter of 2017. They demonstrate that there was an increase in Company Insolvencies because of a bulk insolvency event, but the underlying number...
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