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By Elaine Wilcox

4th November 2021

Bounce Back Loans – repayments and business viability

At the height of the pandemic, the Government offered emergency loans up to £50,000 to businesses to cover their running costs at a time when trading was very difficult, if not impossible.

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HMRC

By Elaine Wilcox

25th October 2021

Negotiating with HMRC

If you can pay your taxes then you should do so – but if you’re struggling, HMRC can work with you to agree a plan based on your financial position, here we explain how...

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By Elaine Wilcox

28th September 2021

Dealing with creditor pressure as Government withdraws Covid support

Now that the suspension of winding up petitions and statutory demands is coming to an end, it is anticipated that there will be an increase in creditor enforcement action. This has historically been the point at which, for many companies and individuals, they realise that they need to seek advice from a licensed insolvency practitioner. The withdrawal of the remaining Government support will potentially result in an upturn in the need for businesses to seek the right advice.

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By Mike Kienlen

8th September 2021

The Final Furlough

30 September 2021 marks the date when the Coronavirus Job Retention Scheme is due to be formally wound down. Whilst it has undoubtedly preserved thousands of jobs over the past 18 months, many businesses will now be looking whether they can afford to bring back all of their staff. 

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Business Protection

By David Squire

16th August 2021

Protect your company’s financial stability in times of uncertainty

During the pandemic the Government has provided support in the form of loan schemes. Although these loans are underwritten by the Government, in the event of a business failure resulting from the demise of a director, the debt will be repaid from business assets, potentially putting the business under financial pressure...

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By Elaine Wilcox

12th August 2021

Directors' duties to minimise risk in uncertain times

Many business owners have faced challenges over the past year or so, as a consequence of the Covid-19 pandemic and other issues that have impacted upon the economy. Whilst the economy has now started to reopen and life gets back to normal, many business owners have found themselves with liabilities arising from the pandemic. In this article, we will look at how you can minimise any risk arising in this situation.

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By Armstrong Watson

5th July 2021

Exit from Lockdown – Implications for Businesses

The lifting of restrictions will come as a relief to many, especially those in sectors such as hospitality and tourism, however the exit from lockdown also coincides with the withdrawal of support for businesses.

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By Mike Kienlen

2nd July 2021

Eviction protection is continuing – but is it?

The Government announced eviction protection will continue until 25 March 2022. The devil is as ever in the detail, which suggests that the protection may not be as all-encompassing as it may at first seem. 

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By Armstrong Watson

24th June 2021

Government extends Covid support

With the Government announcing that lockdown restrictions will not be removed until 19th July at the earliest, it should come as no surprise that some support for businesses has been extended.

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By Daryl Warwick

15th June 2021

Exiting your business

Owner-managed businesses often face a conundrum when looking ahead to retirement, especially around how to release any value that is held within the business.     

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