4 signs of VAT debt

- Financial distress
- Delayed VAT payments
- Consistent cashflow issues
- Reminders from HMRC

Are you a director that needs advice on your business debts?

Contact our team of experts for some free and confidential advice.

#VAT #vatdebt #businessadvice

When faced with the dilemma of being unable to pay your VAT tax bill, it’s crucial to approach the situation with a clear strategy and an understanding of the available options.

Find out all your options in our latest article...

businesshelpline.uk/if-you-cannot-…

Exciting News Ahead!

We're thrilled to announce that something groundbreaking is on the horizon with the upcoming launch of BHG Advisory.

Our new brand is set to redefine how big businesses, accountants, and solicitors navigate their challenges.

#BHGAdvisory #ComingSoon

What do you think of this latest case of Bounce Back Loan abuse?

#bouncebackloan #fraud

The Insolvency Service has just released its monthly statistics.

The number of registered company insolvencies has increased throughout the UK compared to February last year.

Do you think the numbers will keep increasing?

#insolvency #insolvency service

‘We’re all busy again’, say UK restructuring experts ft.com/content/71364c… via @ft

National Insurance is reportedly going down by a massive 2p in the budget tomorrow. What difference will this make? #nationalinsurance

5 sectors make up 63% of all Insolvencies in the first part of 2024...

- Construction
- Accommodation and Food
- Wholesale & Retail
- Professional, Scientific, and Technical Activities
- Manufacturing

Have you seen the signs in these struggling industries?

#insolvency

Learn to understand the importance, implications, and requirements of the Directors Conduct Report in this in-depth article.

businesshelpline.uk/directors-cond…

Have you read our latest newsletter including a really exciting announcement

linkedin.com/newsletters/bu…

Keep up to date with the latest Insolvency and Business news from February.

Read our latest newsletter here- linkedin.com/pulse/february…

#newsletter #insolvency #businessadvice #businessdebt #businessowner #businesshelpline #latestnews

Q4 Insolvency statistics

2022 vs 2023..

Each UK region has had an increase in company insolvencies, with England and Wales taking the biggest hit.

What are your predictions for the remainder of 2024?

#businesshelpline #insolvencystatistics #q4 #ukinsolvency #ukeconomy

🛎️Reminder

VAT returns and payments due for month or quarter ended 31st December 2023 are due tomorrow.

07/02/24.

#vat #vat returns #importantdates #reminder #businesshelpline

A director for a non-existent courier business has been sentenced for using his £50k Bounce Back Loan personally🏦

He has been sentenced for 2 years and suspended for 2 years. The Insolvency Service successfully applied for a compensation order, the loan must be repaid.

#fraud

Hippodrome Casino loses £447k VAT case💰

The Upper Tribunal has rejected their VAT appeal to teat free food and drink given to gamblers as non-taxable supplies.

In total, £1.2m worth of free food/drink was given to customers.

Full article- accountancydaily.co/hippodrome-cas…

#vat #fraud