Options when a company cannot pay HMRC
A practical guide for UK directors when VAT, PAYE or corporation tax cannot be paid on time, including Time to Pay and the limits of informal arrangements.
Insights
Practical reading for directors under pressure.
Short, commercially written guides. They are here to help a board understand the position, not to funnel every reader into a single process.
What to do if your company receives a winding-up petition
Practical steps for UK company directors after a winding-up petition is threatened or presented, including the effect on bank accounts and the options that may remain.
Director duties when a company is in financial difficulty
A clear explanation of how UK director duties shift as a company approaches insolvency, including creditor interests, continued trading and record-keeping.
Construction cash flow, late payment and retentions
How late certificates, pay-less notices and retentions create cash pressure in construction businesses, and what directors should examine first.
Personal guarantees when a business is under pressure
What UK directors should understand about personal guarantees if their company is facing cash pressure, restructuring or insolvency.
The earlier you understand your options, the more options you are likely to have.
Speak confidentially with a Turnwell specialist about the position of your business.