Welcome to TG News – we hope that you find our Blog News Channel interesting, informative and a temptation to collaborate.
This is not where you will find the general insolvency news, that’s in our SME News section. This is where you will find tidbits of breaking news that is released as it breaks – and not all of it relevant to the Insolvency Industry!
by , 08/07/2013 |
"Our business was faced with a difficult situation that became out of the control due to short timeframes - Through TaxGone we were able to enter into an arrangement, fully resolve the dispute and protect a significant proportion of the creditor balances."
Maintenance Firm - Ipswich
"After being almost shafted by "BT" not the telecoms BT, it was a pleasant surprise to deal with you and your staff."
Engineering Firm - Bury
"The advice and service I received was excellent, and very reassuring, at a very stressful time."
Taxi Firm - Leicestershire
"Your service for my voluntary liquidation was excellent. It is a highly stressful and confusing process to go through. Your staff were considerate and patient. They explained the process carefully and it was the first time in over a year that I fully understood it."
Website Production Company - Leeds
"Incredible people, incredible service, sometimes CVA may be your best choice."
Textile Firm - Manchester
"Alan Davis was very helpful and both business like and friendly."
Clothing Firm - Surrey
"Very friendly company and quite happy"
Furniture Company - London
"TaxGone offer not just a professional service, but go above and beyond what is required by their clients, to make you feel there is light at the end of the tunnel no matter how bleak things seem."
Building Company - Hampshire
"The representative who highlighted the problem in the first instance then proceeded to offer valuable advice in relation to resolving the matter in the most efficient and cost effective manner."
Waste Management Company - Liverpool
by Ken Greenworth, 12/12/2013 |
Many directors ask the question - How much does it cost to liquidate a company ? You would not believe the variations in price across the UK!
A voluntary liquidation should cost from £3,500 plus vat. If there is a winding up petition in place then the petitioning creditor's legal costs will need to be added on or they won't agree to the liquidation going ahead. If the petitioner is HMRC then this should be around £800.
But - How much does it cost to liquidate a company ? - is not the real question that should be asked as the costs are normally taken out of the assets of the company. The real question should be - what fallout will I receive in a liquidation?
It's not just about handing over a bunch of paperwork and a bit of cash as there may be claims against you by the insolvency practitioner on behalf of the creditors. So - How much does it cost to liquidate a company ? - may be irrelevant in the scheme of things!
If you have received dividends at an time when the company was insolvent or have an overdrawn director's loan account then you may be in for a shock.
Call TaxGone on 01302 815846 and let's see what we can do for you.
Blog, Testimonials, Blog, Liquidations (CVL)
Tags: liquidate a company, liquidation cost
by Ken Greenworth, 11/12/2013 |
Business bankruptcy advice is not pleasant at the best of times. Most people would rather be discussing a new holiday or a business idea. But it is necessary and it can move you on to changing your life for the better.
Often the solutions that can come out of great business bankruptcy advice can have astounding consequences that may be quite unexpected.
Some companies that are insolvent manage to still trade on by an injection of money from willing (or reluctant) investors, the banks being a prime example. You may not be so lucky and so have to resort to using insolvency products.
What may to some directors be an impossible situation to get out of, to an advisor giving business bankruptcy advice, the problem may be solved through a simple solution. So don't bury your head in the sand when sanctuary may just be around the corner.
Call TaxGone on 01302 815846 for a free meeting to sort the mess out!
Blog, Testimonials, Blog, Liquidations (CVL), Blog, Debt, Insolvency Service
Tags: bankrupt business, business bankruptcy advice
by Ken Greenworth, 10/12/2013 |
You may think that an Insolvency Advisor is Stoney-faced - in some cases you'd be right! But mostly, they're a worldly experienced lot that love a good chuckle like the rest of us.
In times of corporate financial difficulty an insolvency advisor often has the ability to offer fast solutions that resolve most of the problems that are on the table.
An insolvency advisor may charge for his services whilst others do not. This is not reflective on their relative abilities, but rather just down to their business model.
Call TaxGone on 01302 815846 for a free evaluation of your corporate cash flow problems.
Blog, Testimonials, Blog, Liquidations (CVL), Blog, Debt, Insolvency Service, Blog, Insolvency Service
Tags: Insolvency, insolvency advisor
by Ken Greenworth, 09/12/2013 |
Company winding up petitions are very unsavoury documents. They can bring misery and despair to the debtor company and its directors. It's a document that can take the wind out of anyone's sails.
They close companies. Surprisingly, they are not designed to be used as a debt collection tool, even though this is done every day. Some judges take exception to this and even sometimes dismiss the petition rather than going through the company winding up process.
If you have a company winding up petition then call TaxGone on 01302 815846 and we can show you how to stop it.
Blog, Testimonials, Blog, Liquidations (CVL), Blog, Debt, Insolvency Service, Blog, Insolvency Service, Blog, Liquidations (CVL)
Tags: company winding up, Winding up Petition
by Ken Greenworth, 08/12/2013 |
Company debt help can be very powerful when applied correctly. It is often the case that you need the right kit to do the job. If you were being attacked by a horde of zombies then an attack helicopter might be quite useful as the advantage would then be on your side.
That's what good company debt help can do. It can take a bad situation and reverse it so that you may be in the best position that you have ever been in.
Because you are trading in a limited company you can do deals with creditors that you probably would not be able to do as a sole trader. Company debt help comes into its own when used to rescue limited companies.
Call TaxGone on 01302 815846 to see the company debt help that TaxGone offers.
Blog, Testimonials, Blog, Liquidations (CVL), Blog, Debt, Insolvency Service, Blog, Insolvency Service, Blog, Liquidations (CVL), Debt
Tags: Company Debt, Company Debt Help, debt help