Commentary

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Comment from Julie Palmer, Partner, on latest GDP figures

Julie Palmer of business recovery and restructuring specialist, Begbies Traynor commented on today’s GDP figures

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Director’s loan accounts and dividends – not always the best option

While many accountants advocate using director’s loan accounts and dividends as a tax efficient way of paying remuneration, this may not always be advantage

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UK PLC struggling with £57.5bn liabilities as government prepares to announce Spending Review

Over 123,000 UK companies are struggling under the weight of nearly £58 billion worth of liabilities, according to the latest quarterly Red Flag Alert, issued today by Begbies Traynor, the UK’s leading business recovery specialist.

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The Rise of International Arbitration

The impact of the global economy and the continuing trend of increasing volume, size and complexity of cross-border transactions have served to fuel the demand for international arbitrations as a means to resolving trans-national disputes.

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TORQUAY UNITED

TORQUAY UNITED AFC EXITS CVA WITH FINAL TAX DEBT, FOOTBALL AND TRADE CREDITOR PAYMENTS

Torquay United AFC [The Torquay United Association Football Club Limited] has fulfilled the terms of its Company Voluntary Arrangement (CVA), with all tax debts, football and trade creditors now paid in full giving the club significantly more financial freedom.

Haulage company in financial difficulty

The business was a group of haulage companies with an annual turnover of approximately £20 million and with approximately 150 employees. The core business was time critical delivery of weekly and monthly periodicals.

2023 – The covid financing hangover

This webinar has been planned and delivered in conjunction with one or more of our valued third-party partners. All such webinars are subject to our quality control procedures to ensure relevant learning objectives are set and met, alongside any product demonstration. A member of the 20:20 Innovation team will be joining the presentation, ensuring a lively and relevant dialogue.

What happens when a company goes into liquidation?

Liquidation is a process that closes a company down and removes it from Companies House; here we explain the processes for solvent and insolvent liquidation