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, 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.
by Ken Greenworth, 22/04/2015 | Permalink | Email this
In 1381 the Peasants Revolted against the Poll Tax. That was not a surprise. What was a surprise was when Maggie tried to bring it back in again. No sane person agreed with it although many pretended to. This just goes to show that even Great leaders can make a right Royal Cock-up sometimes. Political mistakes can result in insolvency for some companies that are at the cutting edge of technology, especially where grants subsidise their products, such as the solar industry. A big political mistake doesn't just hurt the politician but can even cause a large scale insolvency issue right across the country - well, all except in London anyway. Having an insolvency issue? Then talk to TaxGone today on: 01302 815846.
by Ken Greenworth, 20/04/2015 | Permalink | Email this
HMRC debts can make any director panic. The thought of a cascade of brown envelopes followed by a winding up petition can send a particularly nasty chill down any director's neck. When cash flows are good, the average director thinks in terms of tens of thousands of pounds. When trading is okay then it's thousands of pounds. When it's tough it's hundreds of pounds. But when it's rough every director is starting to stare at the coin jar. But there's never enough in the coin jar to pay HMRC debts. Most directors are not aware that HMRC debts can be placed into formal arrangements and paid over 5 years, often with a proportion of debt written off. HMRC won't tell you this when they are asking you for money, but it's true. Call TaxGone on: 01302 815846 and we'll show you how to stop staring at the coin jar.
by Ken Greenworth, 15/04/2015 | Permalink | Email this
It can be very stressful running a company, you may have Company tax debt causing you sleepless nights or worse.
All you really want is a cuddle from the missus and someone to tell you it will be all right.
Studies in Africa have shown that Bonobo apes (never heard of them, Googled and they look like Chimps) also like a cuddle, it helps them recover quickly from situations of emotional stress, of course Bonobo's don't run companies so the studies, as far as we are concerned, are fairly pointless.
It's a nice thought that when faced with Company tax debt all you need to do is cosy up to a loved one and all is well, unfortunately this course of action is not an acceptable solution for HMRC, they, as far as I know, don't do cuddles.
Whereas as we at TaxGone do, metaphorically speaking, we can help you deal with Company tax debt and other financial pressures so stop monkeying around and call us today.
Oh, oobee doo I wanna be like you................
by Ken Greenworth, 13/04/2015 | Permalink | Email this
An HMRC corporation tax payment creeps up on you like a Zombie in the woods. You know it's there, you forget it's there for a while and then it jumps out at you just when you least expect it! Come on! You know that's not true. You signed off the accounts. Your accountant told you the damage and you received the paperwork from HMRC. It was in fact not a surprise. What was not a surprise though, was how quickly time passed to the due date. Now that was the shock! The treadmill of paying bills is never ending, irrespective at what level of the financial graph you sit on. The pressure is the same. Any HMRC corporation tax payment is hard to pay whether its a couple of thousand or two hundred thousand. When your accountant tells you that you have made fifty thousand pounds profit, you would always ask - where is it then because I can't see it? Nothing changes but the reflection in the mirror. Don't think for one minute that you are a failure if you can't meet an HMRC corporation tax payment because most Governments, even with near unlimited revenue, cock it up financially. There is a potentially easy way out for your company if it is suffering sever cash flow problems. Call TaxGone on 01302 815846 for help and we won't charge you a penny.
by Ken Greenworth, 08/04/2015 | Permalink | Email this
Are you pressed with company cash flow problems? The bank withdrawing your overdraft and causing company cash flow problems will put your company in a difficult position, unable to pay it’s company tax debt. If this is the case then you need to talk to TaxGone, we can talk you through the various options available. We know for instance that a Company Voluntary Arrangement will give you the chance to finally get on top of the situation. Company cash flow problems will be a distant memory with a Company Voluntary Arrangement.
by Ken Greenworth, 07/04/2015 | Permalink | Email this
It's not too difficult to begin appointing a liquidator. Contrary to popular belief, not all of them are ugly either.
In fact the ones we recommend are right up with the best of the Celebs. So why wait, start appointing a liquidator today.
The prices start at £3,500 plus vat, so that's not going to break the bank - so to speak.
You may even be able to buy your company back from the liquidator along with any remaining assets.
So think about appointing a liquidator today and free yourself from all the worry.
Call TaxGone on: 01302 815846 and we're sure it will be a relief.
by Ken Greenworth, 03/04/2015 | Permalink | Email this
Business CVA help is the most powerful tool in the corporate first aid box. A Company Voluntary Arrangement is the only formal insolvency measure that provides support for the company to continue to trade and also writes off debt whilst the directors stay in control of the company. Some directors are afraid of proposing a Company Voluntary Arrangement because of the fear of the "unknown". But any company that is in the position of needing a CVA understands the "known" and that is far worse than the "unknown". The "known" is a possible winding up petition to close the business with the chance of personal claims against the director for overdrawn loan accounts, repayment of dividends or for fraudulent trading. Business CVA help is a better alternative. Call TaxGone on 01302 815846 for the best business CVA help.