VAT Arrears Advice
Are you facing VAT Arrears? Here at AABRS we have many years experience advising limited company directors in this situation.
Late Payment of VAT is something HMRC take very seriously,so we recommend you keep in regular communication with them to ensure the situation is not escalated.
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Late Payment of VAT is something HMRC take very seriously,so we recommend you keep in regular communication with them to ensure the situation is not escalated.
Other Products and Services from AABRS
Bankruptcy
What is bankruptcy?
A creditor can issue a bankruptcy petition against an individual if they are owed a debt of more than £5,000. Alternatively, an individual can present their own bankruptcy petition by applying online and declaring themselves bankrupt. Once a bankruptcy order is made, the individual’s assets vest with the Trustee in Bankruptcy and these may include the bankrupt’s interest in the matrimonial home. The Trustee once appointed will deal with the realisation of the debtor’s assets and should sufficient funds be available, distribute these to creditors.
A creditor can issue a bankruptcy petition against an individual if they are owed a debt of more than £5,000. Alternatively, an individual can present their own bankruptcy petition by applying online and declaring themselves bankrupt. Once a bankruptcy order is made, the individual’s assets vest with the Trustee in Bankruptcy and these may include the bankrupt’s interest in the matrimonial home. The Trustee once appointed will deal with the realisation of the debtor’s assets and should sufficient funds be available, distribute these to creditors.
Winding up Petition Advice
Here at AABRS, we are specialists in helping businesses deal with the threat of a Winding up Petition, one of the most serious which can affect any company. The crucial point to remember is that from the moment a Winding up Petitions is issued, you have just seven days to take action. If you do not, the judge may issue a Winding up Order which will mean your company will be compulsorily wound up or shut down.
HMRC Debt Advice
Directors can sometimes struggle to keep their business afloat through tough times and keeping up with tax responsibilities can be even more challenging. If you are finding that your company is finding it difficult to keep up with their tax payments you will find some useful information in this HMRC hub. Please feel free to contact us at your earliest convenience for a free confidential meeting on your situation.
AABRS
Langley House, Park Road, London, London, N2 8EY, United Kingdom
AABRS offer leading insolvency support and advice to a number of business across the UK. Our company primarily focuses on individuals who face financial difficulties, both corporate and personal. We strive to find the best solution for the client, no matter how large or small their requirements may be. We as a company have a team of dedicated professionals who are here to help resolve any financial struggles you may be having.