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Don’t Go Up In Smoke Choose A Company Voluntary Arrangement

by Alan Davis, 12/01/2013 | Permalink | Email this

The year is 2013 and more that 130 years after Jack the Ripper terrorised the people of East London, a new and insidious threat has reared its ugly head.

Back in 1880 a smokehouse was built to provide smoked fish for the local people and apparently after just one complaint from a resident, council officials have stopped the company smoking fish which has led to a 40% drop in turnover.

The complaint was received from a resident of a block of flats built above a supermarket just 6 years ago. The current owner who took over the company back in 1982 says that the building and business survived the Blitz; it had a chimney destroyed by a bomb but was back in action within two days.

The owner has been given “advice” by the council, on the appropriate type of smoker and fuel he should use, because 132 years of experience is not enough for the company to understand how to smoke fish!

I find this type of situation almost unbelievable, why couldn’t the council just tell the complainant to politely sod off, after all he was not forced to buy the flat, neither was the builders forced to build them so as a consequence of these actions a perfectly viable business is put under massive financial pressure.

You may also be under pressure due to unforeseen circumstances, inability to pay HMRC VAT, PAYE and Corporation Tax liabilities will put an enormous strain on the company.

Taxgone would advise the director of the company to look to a Company Voluntary Arrangement to ease the situation.

Categories: CVA - Company Voluntary Arrangement, HMRC, PAYE, tgnews, VAT

Tags: Company Debt Help, Company Insolvency, Company Voluntary Arrangement, Corporation Tax, CVA, Don't Go Up In Smoke Choose A Company Voluntary Arrangement, Help With Tax Debt, PAYE, Payment Plans, VAT

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