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Category: Useful Information

bounce back loans and directors drawings
Useful Information

Bounce Back Loans & Director Drawings

The use, or misuse, of bounce back loans has been a hot topic of late with vastly different positions being taken by directors.¬† Some have been overly cautious about taking out any bounce back loan monies as personal income, whilst others have withdrawn large sums for personal benefit without any thought for the consequences. If […]

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By Robin Tarling

benefit from a business review
Useful Information

Could my Company Benefit from an Independent Business Review?

Independent Business Reviews (IBRs) are often requested by a lending bank when a company looks to be in some form of financial difficulty.  They can be viewed by directors as a painful, expensive exercise enforced by the Bank and which can lead to further financial problems.   However, there can be a benefit in directors […]

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By Robin Tarling

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Insolvency Law News Useful Information

Key Changes to Insolvency Rules in April 2017

The most significant changes to insolvency legislation (in England & Wales) in the last three decades were introduced on the 6th April 2017, aimed at modernising and updating present procedures. […]

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By Robin Tarling

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