Directors with Multiple Company liquidations can find themselves with a Personal Tax liability to HMRC.

Directors with Multiple Company liquidations can find themselves with a Personal Tax liability to HMRC.
Directors who have been involved with multiple companies which have become insolvent and have a tax liability with HMRC can receive a personal ‘Joint and Several’ liability notice for payment.
Corporate insolvencies continue to grow, quarterly and month on month.

Corporate insolvencies continue to grow, quarterly & month on month 2023
Businesses facing insolvency need to act quickly and take advice from an Insolvency Practitioner for the best chance of avoiding liquidation.
Directors beware – HMRC issues highest number of winding up petitions since before the Covid-19 pandemic

Directors beware – HMRC issues highest number of winding-up petitions since before the Covid-19 pandemic
HMRC has become more aggressive in its enforcement and collection processes
Antony Batty & Company notes further regulation plan for Insolvency Practitioners

Antony Batty & Company notes further regulation plan for Insolvency Practitioners
A major shake-up will modernise insolvency sector regulation but falls short of the establishment of a new independent watchdog, however
Directors of Limited companies take care when paying Dividends

Directors of Limited companies take care when paying Dividends
Illegal Dividends – Misfeasance Claims and Director Disqualification can be the outcome for Directors of Liquidated Companies
Antony Batty & Company Employee Focus: Will Rushing

Antony Batty & Company Employee Focus: Will Rushing
Will is a Junior Administrator and is based at our London office.
Cash is King for Businesses in Distress

Cash is King for Businesses in Distress
We point out that cash is king when it comes to the survival of a business. This article explains why and looks at the actions that companies should take to improve their cash flow and their future prospects.
Why you should do a check before you choose your Business’s suppliers

Why you should do a check before you choose your Business’s suppliers.
Conduct checks before entering into a business relationship and in so doing, HELP avoid doing business with an entity that may be facing Insolvency.
Fines, prison sentences and Director Disqualification for directors who abused the Bounce Back Loan Scheme

Director Disqualification, fines and prison sentences for directors who abused the Bounce Back Loan Scheme
Licensed insolvency practitioner Antony Batty advises directors to take early, formal advice if they are struggling to repay a BBL.
Directors be Vigilant! The additional tax charge for an un-repaid Director’s Loan Account is 33.75%

Directors be Vigilant! The additional tax charge for an un-repaid Director’s Loan Account is 33.75%
Understanding a Director’s Loan Account and your Liabilities, pre and post liquidation is vital.