If your company is in financial distress and you’re struggling to pay the rent, your landlord can take action against you to recover rent arrears. According to Commercial Rent Arrears Recovery (CRAR) you landlord has the right to seize your goods with 7 days notice if you’re unable to meet your lease. Within these 7…
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The government has been warned that the post-Brexit environment could create the “perfect storm” for SMEs in the construction industry, by The Specialist Engineering Contractors’ (SEC) Group. SEC, which represents the largest sector in UK construction, has cited that late or non-payments, along with hikes in material costs will await construction SMEs post Brexit. Also,…
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Many UK retailers are struggling in the current economic climate, overwhelmed with debt and cash flow issues that can be difficult to overcome. For some retailers, the Pre-Pack Administration procedure can offer some relief and resolve the financial issues. Wondering if it’s the right option for you? Here’s how struggling retailers can benefit from pre-pack…
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The Federation of Small Businesses (FSB) has raised serious concerns regarding how a no-deal Brexit will bring a sudden end to free movement. A no-deal outcome could immediately be followed by an end to immigration rules that have long been beneficial for many of the FSB’s members. If immigration rules suddenly change so that EU…
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The private sector IR35 tax reforms are due to come into effect in less than 6 months. From the 6th of April 2020, many contractors will lose the right to determine their own tax status. Instead, the IR35 rollout will shift this responsibility over to the end-user, just like the legislative change did when it…
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