Sunday, August 16, 2015

Careful when Closing a Business

Closing a business is not as easy as starting one!

It may seem easy when talking about closing a business as it may sound like it’s just a matter of signing a bunch of papers and turning up to a quick meeting in some anonymous hotel.

This is not the end of the matter in most cases.

The Insolvency Practitioner has a duty to the creditors to make sure that all money owed to the company is recovered- this includes all the money owed by you.

You may think that you don’t owe any. However, you may not have considered dividends, Director loan accounts or expenses.

This is why we offer a free dry run liquidation first so that the unexpected doesn’t happen.

So if you are thinking of closing a business then Call TaxGone on 01302 815846.

Talk To TaxGone Today

 

TaxGone - Company Voluntary Arrangement - CVA Specialists



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