Forbes Burton

What Happens to Employees When a Company Enters Liquidation? A UK Guide

Robbie Meechan — Fri, 25 Apr 2025 08:41:26 +0000

In short: Companies in liquidation have to cease trading, as part of this, staff contracts are immediately terminated. Employees are entitled to unpaid wages, payment for untaken holidays, notice pay, and sometimes redundancy payment too. If the business doesn’t have the funds to pay what its staff is owed, employees can claim from the National […]

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How to Find Businesses for Sale in the UK: 10 Useful Methods

Robbie Meechan — Wed, 23 Apr 2025 08:43:17 +0000

Whether it’s your first foray into business ownership, or a strategic means of growing your existing company, a well-planned acquisition can be a smart investment. With choosing the right company so crucial though, finding out how to find businesses for sale in the first place is essential to ensure you have the most options available […]

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Holly Willoughby’s Business in Court for Unpaid Tax

Robbie Meechan — Wed, 16 Apr 2025 15:56:22 +0000

TV star, Holly Willoughby has been faced with the possible closure of her media company after it racked up a significant unpaid tax bill. The former This Morning presenter and her husband, Dan Baldwin set up Roxy Media, a media management and production company, back in 2008. The company has been issued a winding-up petition […]

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What is Liquidation of a Company? An Ultimate Guide

Chris Leadley — Wed, 16 Apr 2025 09:24:55 +0000

We get asked a lot of questions about company liquidation. Clients are often unsure what liquidation of a company is exactly, and whether it can be beneficial to their business. As such, we’ve put together a quick guide that explains exactly what company liquidation is, the effect it can have on your business and the […]

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How to Liquidate a Company With No Money

Chris Leadley — Fri, 04 Apr 2025 08:43:31 +0000

When companies find themselves insolvent, a liquidation is often one of the only options available to them. With liquidations not being cheap, though, how are directors expected to liquidate a company with no money available? How do I close a ltd company with no money? There are still options available to you that will […]

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Trump’s ‘Reciprocal’ Tariffs: Are His Figures Accurate?

Robbie Meechan — Thu, 03 Apr 2025 10:30:10 +0000

Wednesday saw US President, Donald Trump introduce a range of tariffs on goods imported into the US that will have seismic repercussions across the globe. The measures, which Trump calls ‘reciprocal tariffs’ are the latest addition to an escalating trade war between America and the rest of the world. Unveiling a chart detailing the tariffs […]

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Trading While Insolvent: Can it be Done?

Robbie Meechan — Tue, 01 Apr 2025 13:37:01 +0000

Insolvency can be a tricky problem to navigate, but UK company directors need to be aware of their duties if they are to avoid legal issues. Businesses trading while insolvent can get themselves into a whole host of legal problems, and it’s important that directors are aware of the implications their actions have. We’ve collated […]

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Creditors’ Voluntary Liquidation: Advantages and Disadvantages

Chris Leadley — Fri, 28 Mar 2025 08:47:55 +0000

Have you noticed that bills are becoming more difficult to pay? If you’re doubtful that circumstances will get better for your business, it may be time to consider a creditors’ voluntary liquidation. We’ve collated some of the most common questions that clients ask us about creditors’ voluntary liquidations (CVLs), and created a guide that provides […]

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TV’s Ant Middleton’s HMRC Ban Threatens His Political Aspirations

Robbie Meechan — Tue, 25 Mar 2025 10:19:55 +0000

25th March 2025 The former star of SAS: Who Dares Wins, Ant Middleton has been banned from acting as a company director after his company failed to pay over £1m in taxes. Sway and Starting Limited was created as a means of managing income earned from Middleton’s media appearances. The company, which went into […]

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Tax Avoidance Whistleblowers Set for 25% Incentive

Robbie Meechan — Thu, 13 Mar 2025 13:30:46 +0000

13th March 2025 The government are continuing to find ways to replenish the treasury’s coffers by looking at UK businesses. Thankfully though, their new scheme is a little less controversial than their recent autumn budget measures. Using a longstanding American tax model as a template, the government are looking to implement a scheme that […]

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