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Where Are HMRC Offices Located in the UK? This blog post is here to guide you through the ins and outs of where are HMRC offices located in the UK, including regional centres, specialist sites, and head office. HMRC offices are conveniently situated in central areas of the following towns and cities, near accessible transport…

How To Resign As A Director Resigning as the Director of a Limited Company requires following specific steps to ensure a smooth and legally binding resignation process. It is crucial to adhere to the notice period outlined in the Companies Act 2006 and meet all regulatory requirements to avoid potential legal consequences. Directors should formally…

What Is a Trade Sale of a Business A trade sale is the sale of a company, or part of a company, to another business that will continue the company’s trade Trade sales are often seen as an opportunity for business owners looking to sell their company, or seeking to expand their market share. Despite their…

What is a Distribution in Specie? A distribution in specie occurs when a company distributes a specific non-cash asset directly, without first declaring an equivalent cash amount. We’ll explore the ins and outs of what is a distribution in specie, its role in Members’ Voluntary Liquidation, tax implications, and the relationship with overdrawn director’s loan…

Business Restructuring & Company Streamlining In the ever-changing world of business, companies must adapt and evolve to stay competitive. One way to ensure success is through a business restructuring company streamlining, which can unlock untapped potential and drive growth. Throughout this blog post, we’ll explore the benefits of restructuring and streamlining, delve into various types…

I Can’t Pay VAT: What Are My Options? Businesses that are unable to pay VAT can approach Her Majesty’s Revenue and Customs (HMRC) to request a Time to Pay (TTP) arrangement. This enables the company to spread the repayment of its due taxes across instalments over a customary period of 12 months. Additionally, companies may…

Submitting a DS01 Form to Strike Off Your Limited Company Are you considering dissolving your limited company but unsure about the process? Submitting a DS01 form to strike off your limited company is an essential step in this process. Striking off a company from the Companies House register can be a complicated and time-consuming process.…

What is a Company County Court Judgment (CCJ) A County Court Judgment (CCJ) is a formal legal directive issued by a county court against a business entity that has defaulted on a debt repayment. Understanding and addressing CCJs is crucial for any company that wishes to maintain its financial health and credibility. Now, let’s look…

What is a Private Company Limited by Guarantee? A private company limited by guarantee is a distinct legal structure for non-profit organisations providing members with limited personal liability. Private companies offers advantages such as increased credibility and protection, drawbacks include higher costs and public financial information. The formation process requires specific documents to be submitted…

What Is a Notice of Intention to Appoint Administrators? A notice of intention is implemented to inform relevant parties that a company intends to enter administration. This essential document allows a company to rescue its operations and explore viable alternatives. A company, its directors, or a floating charge holder (usually a bank) file a Notice…