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Business Owners should act now to benefit from vital tax relief


Business Owners should act now to benefit from vital tax relief
Verdict Staff
February 16, 2021 (Last Updated February 16th, 2021 15:04)
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Whether you have been planning to close down your company or fear that as a result of the pandemic that your company may fail in the months to come, then now is the time to act before it’s too late, comments Nick Nicholson, Insolvency Partner at Haslers
The specialist insolvency and recovery team at Haslers is calling on directors and shareholders of companies stuck with difficult decisions about their future to think about the tax implications of winding up. ....

Nick Nicholson , Insolvency Partner , Business Asset Disposal , Entrepreneur Relief , Capital Gains Tax , Asset Disposal Relief , நிக் நிக்கல்சன் , நொடித்துப்போனது கூட்டாளர் , வணிக சொத்து அகற்றல் , தொழில்முனைவோர் துயர் நீக்கம் , மூலதனம் ஆதாயங்கள் வரி , சொத்து அகற்றல் துயர் நீக்கம் ,

Business Owners should act now to benefit from vital tax relief - International Accounting Bulletin


Business Owners should act now to benefit from vital tax relief
Verdict Staff
February 16, 2021 (Last Updated February 16th, 2021 15:04)
Share Article
Whether you have been planning to close down your company or fear that as a result of the pandemic that your company may fail in the months to come, then now is the time to act before it’s too late, comments Nick Nicholson, Insolvency Partner at Haslers
The specialist insolvency and recovery team at Haslers is calling on directors and shareholders of companies stuck with difficult decisions about their future to think about the tax implications of winding up. ....

Nick Nicholson , Insolvency Partner , Business Asset Disposal , Entrepreneur Relief , Capital Gains Tax , Asset Disposal Relief , நிக் நிக்கல்சன் , நொடித்துப்போனது கூட்டாளர் , வணிக சொத்து அகற்றல் , தொழில்முனைவோர் துயர் நீக்கம் , மூலதனம் ஆதாயங்கள் வரி , சொத்து அகற்றல் துயர் நீக்கம் ,

When debts become doubtful


WHILST many businesses and sectors have been affected by the turmoil caused by the Covid-19 pandemic, it is fair to say that some business owners have seen less of an impact on their top line. But with the economy now in recession and uncertainty set to continue for months, being aware of potential weak links for your business will stand in you good stead, writes Daryl Warwick of Armstrong Watson.
Are all of your outstanding debts collectable?
There are many examples of businesses that have collapsed when a business owing them money have collapsed, resulting in an unexpected cash hole in the cash flow forecast. This is likely to become more prevalent as we enter 2021, with unemployment continuing to rise and the UK’s GDP expected to be adversely impacted by the ongoing uncertainty around Brexit.Where businesses use an invoice finance facility, their lenders will be aware of potential bad debts, but if you don’t use such a facility, you should still ensure that yo ....

United Kingdom , Armstrong Watson , Daryl Warwick , Creditor Services , Brexit Where , Statutory Demands , Insolvency Partner , ஒன்றுபட்டது கிஂக்டம் , ஆம்ஸ்ட்ராங் வாட்சன் , டேரில் வார்விக் , நொடித்துப்போனது கூட்டாளர் ,