These are unprecedented times with many businesses being forced to suspend trading and shut their doors as we wait out the viral pandemic. The Government has introduced a number of measures to assist businesses through these times, but the inevitable flood of applications has led to many experiencing significant delays before funds arrive. Faced with […]
The Government is doing everything it can to ensure that businesses and the self-employed receive the support they so desperately need in these troubled times. Firstly, they are allowing the deferral of VAT for three months and Income Tax payments, due in July 2020 (under self-assessment), may be deferred until January 2021. In addition, HMRC […]
In view of the current coronavirus pandemic the Government is looking to amend current insolvency legislation providing additional protection enabling businesses to continue trading, in an attempt to prevent mass failures – leading to a significant rise in unemployment. As part of their plan – unveiled by the Business Secretary, Alok Sharma, at the weekend […]
The Government are looking into the possibility of relaxing the Insolvency rules in the UK as a result of the coronavirus pandemic, according to Sky News. One measure being considered is a 90-day freeze on winding-up petitions in view of cash flow and operational difficulties as a result of coronavirus (Covid-19). Other measures being considered […]
The world is a challenging place right now. With the Corona (covid-19) pandemic having a significant impact right across the globe, businesses across all sectors are finding themselves in a totally unprecedented scenario. As we speak, the Government is trying to introduce measures to help save businesses and boost the economy during this turbulent time. […]
As businesses and communities around the world are dealing with the knock-on effects of Covid-19, many businesses, schools, leisure facilities, and events have already been forced to close their doors in a bid to contain the spread of this worrying virus. And although these are necessary steps to protect the health of us all, […]
From the top of the food chain to rock bottom was the fate of Toys R Us in March this year. What was once a favourite place for any child to visit with their parent quickly descended into a downward spiral. We all have some great memories of visiting the retail store as an infant […]
Debt Solutions Hub offers qualified advice from multiple practitioners. You want to ensure that you receive the right advice when it comes to your debt and Debt Solutions Hub assures this. All practitioners are committed to providing the appropriate advice for all clients. It is a given that all practitioners will work with your best […]