Articles Hub

What is a Nudge Letter from HMRC?

A Nudge Letter is a reminder from HMRC to review your tax liabilities accurately to avoid investigation. You will need to complete a Certificate of Tax Position.

Can I close my company with a DS01 form?

Closing a company with a DS01 form means you voluntarily strike the business from the register at Companies House. It is inexpensive and relatively straightforward, but there are other closure options that may be more appropriate.

I cannot pay my Bounce Back Loan – What options do I have?

If you are struggling to repay your Bounce Back Loan, there are a number of options open to you. Find out what these mean for you and your company.

Dissolution loophole set to be closed

New legislation, which aims to prevent company directors avoiding investigation into their conduct by informally striking off their company instead of entering an insolvency process, has had its first reading in Parliament and looks set to become law

IR35 Reforms and Creditors’ Voluntary Liquidation (CVL)

CIGA 2020: Understanding your options when it comes to recovering debt

Dealing with late payment is something the vast majority of business owners will have to deal with at some point. Delinquent payers cost companies millions of pounds every year, causing frustration and unnecessary work, as well as leading to serious cash flow problems, and in some cases forcing the creditor to fall behind on its own liabilities.

HMRC Time to Pay Rejections

A Time to Pay arrangement may be granted to allow companies to repay their tax arrears in instalments. However, what can you do if HMRC refuse your request?

CVR Global have joined Begbies Traynor Group plc

For more information on CVR offices and personnel look through the information below where you will find details on each office location and contacts. 

Is a company director entitled to redundancy pay if their company is insolvent?

It isn’t common knowledge but directors may have a claim for redundancy when their company enters liquidation. They must be able to prove their status as an employee of the company, and fulfil more than an advisory or non-executive role.

Top 10 Tips for Dealing with Company Cash Flow Problems

Experiencing business cash flow problems? You will want to to redress the position. We list the Top 10 Tips for Dealing with Company Cash Flow Problems.

Finance Act 2020: What This Means for Director and Shareholder Liability

Directors and other connected individuals can now be held liable for outstanding tax liabilities in certain situations as part of the Finance Act 2020.

Moratorium on Statutory Demands and Winding Up Petitions Extended by Government

The government has extended what is effectively a temporary ban on the use of statutory demands or winding up petitions in the context of commercial property leases where tenants cannot afford to pay their rent due to Covid-19.

Managing business cash flow and profitability

Making sure that you have a realistic cash flow in place together with project management analysis is the only way to ensure you can add the appropriate mark-up and margins to the overall costings of the project so that it will be profitable for you. 

HMRC Receivables Management Debt Recovery

HMRC Receivables Management Debt Recovery. Find out what this means and how Begbies Traynor can provide key advice.

The Company Voluntary Arrangement Process – How does it work?

A Company Voluntary Arrangement, or CVA, provides an exit from administration that repays a proportion of debts and halts creditor action against you.

How is an insolvency practitioner appointed?

The route by which an IP is appointed varies according to the insolvency procedure being followed.