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Company Voluntary Arrangement A Class Act

Diane Keaton was born just after the war in 1946. Famous for receiving an Academy Award for Best Actress in 1977 for Annie Hall plus a few nominations for Reds and Marvin’s Room.

Vanity Fair in 1985 described her as “The most reclusive star since Garbo” but has never been out of work for long since 1970.

She also played the part of Kay Adams in The Godfather Part III.

Now there are times when directors deserve an Oscar or two for dodging creditors. When this happens there is only going to be one outcome and that is a Winding up Petition.

If the creditor is HMRC then that outcome is even more likely. Instead of ducking and diving set up a Company Voluntary Arrangement as the days of The Godfather are long gone and horses are hard to get hold of.

Taxgone provides assistance at zero cost to directors and shareholders of small to medium businesses throughout the UK in the preparation of Company Voluntary Arrangements.

Taxgone arranges for the adjournment of winding up petitions, especially when issued by HMRC. The adjournment period allows for the preparation of a Company Voluntary Arrangement.

A CVA can include all unsecured debts, including HMRC. Redundancies and certain leases may also be included. This is the best route for a director as the company carries on trading and preserves the money that customers owe to the business.

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