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23 April 2021

For company directors considering selling their business, there are a number of options available that you need to be aware of in order to find the best one for you. These include: Selling the business to a third-party buyer Winding the business up Putting the company through liquidation Opting for Management Buyout (MBO). With an…

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Whilst the nation has been gripped by the UK’s exit from Europe over the last three years, another topic which has been hotly debated up and down the country by those in the contracting sector is the impact of the new Off-Payroll legislation, its impact on the public sector to date and the ramifications when…

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If you’re looking to close your (solvent) limited company, you may be able to extract the profits whilst paying tax at a rate of just 10%. A Members’ Voluntary Liquidation (MVL) lets you take the reserved funds in cash, access the money in a matter of weeks and pay less tax. Why use an MVL?…

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If your business has been affected by unusual weather conditions – perhaps a long period of sunshine or flooding – you may be worried about your company’s future. Thankfully, there are some steps you can take to get yourself back on track and improve cash flow. Signs your business might be struggling could include: Poor…

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What is an Accelerated Payment Notice? If you are reading this article, you will probably be all too familiar with the term Accelerated Payment Notice (APN) – and dread hearing the phrase. This requirement from HM Revenue and Customs (HMRC) to pay an amount of tax or National Insurance Contribution is a huge concern for…

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