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 | Permalink | Email this
Testimonials and feedback from past clients that have used our services: "Our business was faced with a difficult situation that became out of the control due to short time frames - 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 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 "Tax Office DM: They are really helpful and supportive on personal level." General Store - London "I was advised by Alan of TaxGone with regards to how to deal with a winding up petition; the advice that I received was excellent. I would have no problem whatsoever returning to TaxGone for any future advice." Building Company - Derbyshire "I think the service I received from Alan was very good and I think you have a very valued member of staff on your team. I would recommend your service to anyone." Support Services - Birmingham "The Company Voluntary Arrangement allowed us to draw the line and start again, but with more knowledge from past experience. The banks gave me a little hassle but that was because they don't have a lot of info on what to do with a CVA client. I stuck it out and argued the case and they got there in the end. 2 months after the CVA we now have calm and carrying on with business." Security Company - Wiltshire "When help was needed the company contacted 3 similar solution providers, but on closer inspection only TaxGone were able to give straightforward answers in the available time frame and then steer us to the best solution without pressure." Building Company - Yorkshire "Many thanks for the professional manner that our case was handled with." Electronics Store - Dorset "Excellent and prompt service provided." General Store - London "TaxGone did everything they said they would. They enabled my company to restructure its outstanding HMRC debt and allowing us to repay in a realistic time-scale at an amount that does not prevent the company from expanding, taking a great weight from my shoulders. I would recommend them to anyone in business." Recruitment Company - West Yorkshire "Very helpful, fast response from staff, and would highly recommend this company to fellow directors who are facing tough decisions". Construction Company - Kent "Alan and Anita were extremely helpful, I would not hesitate to seek their advice again". Web Design Company - London "TaxGone are Empathetic and thoroughly professional". Training Agency - London "A prompt and helpful service that listened to my HMRC problems which at the time was appreciated as a listening ear that did provide comfort." Construction Company - London "The service I received from TaxGone has been excellent and I have been delighted with their knowledge and professionalism, particularly with the provision of the mannerism in dealing with sensitive nature of my issue". Catering Company - Tipton
by Ken Greenworth, 27/05/2015 | Permalink | Email this
Pre Packs are the wild card in British Insolvency. Just like Elvis, you don't know whether its in the building or out! When a business runs into trouble and the director decides he wants to set up a Pre pack then the creditors are kept in the dark. The relative transparency of normal trading turns to a murky opaque mystery with a Pre pack. A deal is struck with the director of the business to purchase the assets and goodwill and move it all, without the liabilities, into a Phoenix company, sidestepping the creditors as it's all done behind closed doors. Without warning the process has been a done deal with the creditors left high and dry by the proactive and secretive product called a Pre pack. This product surely must have crept out of GCHQ, such is the subterfuge involved. It's James Bond, Indiana Jones and Tommy Cooper all rolled into one with the title of Insolvency Practitioner that confronts the creditors with the great news that the Pre pack has just saved another business. For more information on Pre Pack talk to TaxGone today.
by Ken Greenworth, 25/05/2015 | Permalink | Email this
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.
by Ken Greenworth, 20/05/2015 | Permalink | Email this
An Insolvency firm should give a business owner sound advice that is reflective of the client's position rather than how much fees can be extracted. It's a great pity that this is not always the case. TaxGone is a national insolvency consultancy that does not charge fees to it's clients. This is one major difference that distinguishes us apart from another insolvency firm. We are also one of the largest providers of Company Voluntary Arrangements in the UK. If you are looking for an insolvency firm to save your business then call TaxGone on: 01302 815846 and look forward to a better future.
by Ken Greenworth, 18/05/2015 | Permalink | Email this
The TaxGone business debt helpline is open during normal office hours and can deal with corporate debt that often is the major cause of stress for directors. There is no charge for a long conversation or meeting and we do not charge you any fees for company rescue packages. Even if you call the business debt helpline just for an exploratory chat then we know that you will feel better. Surely that is worth picking the telephone up? What have you got to lose? Many companies seek help from the business debt helpline from accountants and solicitors to engineering companies and shops. Whatever your business is - we can help. Some companies try and sell you something that you don't really want. That can cost you years of wasted time and money. We give you the options for you to make your own mind up in your own time. Call TaxGone business debt helpline on: 01302 815846 for a friendly chat.
by Ken Greenworth, 13/05/2015 | Permalink | Email this
What is a winding up petition is a question that can indicate that things are not going terribly well for you. It is surprising that even some accountants do not understand the process. If a creditor issues a winding up petition against your company then they are essentially trying to shove you down a very deep hole and one that they don't want you to crawl out of. But they'll know by that time that you'll know the answer to what is a winding up petition! If you have been served a winding up petition then its not the end of the world. If you are wanting to save your business then we'd like you to think of it as an opportunity. We know how to turn your company around in four fast weeks. Working with TaxGone, it'll be your debts that will be thrown into a bottomless pit, not your company. So if you want to know the real practical answers to what is a winding up petition and how to stop one in it's tracks the call: 01302 815846 and start to fight back.
by Ken Greenworth, 11/05/2015 | Permalink | Email this
A Company Voluntary Arrangement definition can be defined as a legally binding, formal agreement with a company's creditors under the 1986 insolvency Act. However, a Company Voluntary Arrangement definition has been said to be ..."a scheming plot that robs creditors blind" by one obviously upset creditor that shall remain nameless. A Company Voluntary Arrangement definition that was judged to be far the best by the cynics was ..."never in the field of insolvency was so much promised to so many by so few" . This was a little harsh but it paints a picture. Everyone has an opinion and no matter which Company Voluntary Arrangement definition is taken onboard, as the Americans say,...Our minds are like parachutes and and only work when open. Don't you just hate those slick sound bites that are really true? But to put a lid on it, a Company Voluntary Arrangement definition is the most practical and painless way that a company director can use to solve business cash flow problems. Talk to TaxGone today on: 01302 815846.
by Ken Greenworth, 06/05/2015 | Permalink | Email this
You can delay tax payments by contacting the Business Payment Support Service (BPSS) that was set up by the Chancellor to assist businesses to cope with the financial pressures of the economic crash. This is the point in time when a director wants to delay tax payments. The money has long gone, it was never there, where's the bill come from? Some companies such as Starbucks, Google and Amazon have their own unique way to delay tax payments. Whilst TaxGone can't shelter your billions, it can delay tax payments for you, so call: 01302 815846
by Ken Greenworth, 04/05/2015 | Permalink | Email this
Company voluntary arrangements are the most dramatic business management tool available for any company in the UK.
There is no other management tool that even comes close to Company Voluntary Arrangements.
If you have debts over £20,000 that are unsecured then you can include HMRC and trade creditors in one of the smart Company Voluntary Arrangements that are being set up every day in the UK.
Why should you have sleepless nights, continual sacrifices, no wages and health problems just because HMRC are breathing down your neck to pay them rather than the creditors that you should pay.
They actually have no more right to be paid than a trade creditor. If you pay them ahead of a trade creditor then technically it is a preference.
So you would be doing the right thing by joining the Company Voluntary Arrangements club and treating all of your creditors the same.
Come an join the elite club that's full of company Directors that have used Company Voluntary Arrangements to get where they want to go.
Call TaxGone today: 01302 815846.
by Ken Greenworth, 29/04/2015 | Permalink | Email this
If you are getting out the begging bowl for your business then you need insolvency help fast.
This is not the best time of year to be struggling as it's probably the month with the most expenditure.
Sometimes that expenditure has to be met at the expense of company creditors.
This may not be legal but it is often a practical solution that some directors feel that they have to take.
So if you need insolvency help because your creditors are pushing for a payment then call TaxGone on: 01302 815846 and we will help you straight away.
Insolvency help that rescues your company does not normally cost you anything so what have you got to lose?
by Ken Greenworth, 27/04/2015 | Permalink | Email this
There are no magic potions or unrealistic promises. We just give straight forward CCJ help that can turn your business around so that you can concentrate on what you are good at, rather than chasing your tail. So when you are faced with a County Court Judgement that you can't pay and you need fast CCJ help you now know who to call. If you are looking for CCJ help then Call TaxGone on: 01302 815846 and we'll look at your company's financial position for free.