What is a CVA?
Three little letters could mean the difference between closing your company and expanding it.
There are many companies that are in financial difficulties that have never heard of what these three letters can do.
So what is a CVA ?
A CVA is a Company Voluntary Arrangement.
A CVA is a deal between a company and its creditors that allows debt repayment to be made out of future trading profits.
This saves the company from being wound up and doesn’t saddle the company or director with more debt.
So now you know the answer to what is a CVA – perhaps you could call TaxGone on 01302 815846 and find out a little more.