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What are the different types of Invoice Finance? There is often a feeling of reluctance from businesses when seeking Invoice Finance mainly because there are so many definitions and types available. This causes businesses to feel overwhelmed when looking at financing options. However, at some stage, every owner-managed business will face an irritating wait for…

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Can I buy stock and assets from a company that’s gone into liquidation? We are often asked if, after we’ve put a company into liquidation, there is any stock or assets for sale. Often there is; and they are available via our agents, JPS Chartered Surveyors. JPS conduct sales by traditional auction, tender or private…

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Is Lorraine Kelly a tax avoider or a celebrity scapegoat? The papers have recently been rife with stories of how TV presenter, Lorraine Kelly, won an appeal at a First Tier Tribunal over a £1.2m demand for unpaid income tax and National Insurance contributions (NICs). This arose from a HMRC challenge to her employment status…

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The issue This week we report on another tale of Entrepreneurs’ Relief woe that has arisen in the case of Philip Hunt v HMRC. In 2007, Mr Hunt was approached by Foviance Group Ltd to take over the role of Chairman of the company.  He agreed to come on board, and to invest £50,000 into…

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Purchasing a business or assets from an Insolvency Practitioner (IP) can be an excellent opportunity for a third party wishing to add to its portfolio or expand into a new area of the market. When done correctly the transaction can be quick, and assets can be purchased at a reduced rate due to the circumstances.…

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