The dividend ‘dilemma’: How to protect yourself and your business
It is common practice for director/shareholders of owner-managed businesses to take remuneration by way of a low basic salary paid through PAYE, with the remainder being taken as
Restructuring & Insolvency
Does a Winding Up Petition mean the end of the line?
Businesses struggling to pay their bills were given unprecedented breathing space during the pandemic, as the government closed off every avenue of attack for frustrated creditors. Now the
How do I know if my company is insolvent?
There may be many reasons why a business owner or director continues to trade a distressed business rather than seeking professional assistance. In the present circumstances, where government
Business strategy: Now is the time to review the business model
How business has changed Owners and managers were well used to reacting to occasional shifts in their markets before Coronavirus re-set the entire business world. It was an
Zombie firms apocalypse facing the Scottish economy
As the full effects of the Coronavirus pandemic began to be felt in March 2020, many anticipated a significant rise in formal insolvency appointments as companies grappled with
Winding Up Petitions are back on the creditor agenda
UK businesses have been given unprecedented protection from enforcement action by creditors since the start of the pandemic in March 2020, but from the beginning of October those