As a Company Director, circumstances may arise where you find yourself in a position to offer a personal guarantee to support a line of credit. This may seem like a decision worth taking to enable your company to move forward and reach its true potential; however, this does not come without risk.
Following surprisingly good results with improved profits and improved cash flows, Law Firms may face choppier waters ahead as Government financial support is withdrawn over the coming months.
With restrictions set to ease over the coming weeks and months, many businesses will be looking at getting back on track, but until they realistically can, they’ll still need financial support to weather the end of the storm.
IR35 legislation is expected to impact around 170,000 individuals who work through their own personal service company (PSC), who according to the Government would be deemed employed if engaged directly.
Should you require more information regarding whether IR35 impacts you, please read the following article: IR35 Legislation Overview
Andrew Robinson explores the benefits for farming businesses embarking on the digital transition and explains how to get the most out of your existing system.