Sad though it is, Dodd Rescue have found themselves advising quite a few charity or other "not for profit" organisations in recent months. This has ranged from sizeable local charities with their own premises and workforces, down to volunteer-run playgroups.
We see this activity as a direct result of the economic downturn. If the family budget is tight, people simply don't want to give their money away.
Back in the day, many businesses funded their working capital via bank overdrafts. We all know that “the day” is long gone – and therefore other forms of financing are becoming more popular.
A recent legal case has seen a company director being asked to pay over £60,000 of unpaid national insurance contributions even though the liability was within a limited company.
With effect from 1 February 2011 the amount of weekly wage payable by the government for redundancy in the event of an employer going bust has been increased from £380 to £400. read more >>
.Many businesses operate as a limited company, and as the clue in the title suggests, enjoy the comfort that comes with limited liability. read more >>
HMRC announced in the June budget that they will use Debt collection agencies during 2010 - 2011 to aid and improve their debt collection procedures. read more >>
Dodd & Co are celebrating the success of their insolvency specialist, Jackie Parsons, in the recent Joint Insolvency Examination Board examinations.
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.Many businesses operate as a limited company, and as the clue in the title suggests, enjoy the comfort that comes with limited liability. read more >>
