It’s the balance sheet that summarises the company’s assets, liabilities and the shareholder’s equity at a particular point in time. more»

The Treasury seized business assets from 1,953 UK firms in 2016 to 2017, an increase of 23 per cent on the previous tax year. more»

Last year’s figure is down slightly on the £140m gathered through investigations in 2015/16. Analysis has claimed that this could be because new relief. more»

Insolvency – a state in which a company or an individual can no longer pay its debts – stands apart from the processes of liquidation, bankruptcy and administration. more»

Put simply, accounts receivables are the sales that you’ve made and delivered, but which haven’t been paid for yet. They’re a record of the work you’ve done for a customer and that customer owes you a certain amount of money. more»

Selling a business is possibly the single most important decision that a business owner will need to take. With substantial personal and financial consequences, the journey towards the exit should be meticulously planned and all legal implications considered. more»

HMRC’s pursuit of unpaid business taxes has stepped up a level, as new figures reveal the tax office applied for a record number of court orders to seize company assets in 2016. more»

Owners at the UK’s smallest firms are planning to severely cut investment in their business in response to potential economic uncertainty surrounding Brexit, according to new research. more»

It is proven that divorce enquiries in the UK jump in January, rising by as much as 300 per cent. With January 2017 upon us, divorce lawyers up and down the country will be bracing themselves for their busiest time of year. more»

There currently exists an unprecedented number of funding options available to small UK businesses. The issue, argues co-founder of online platform Capitalise, Paul Surtees, is being able to find the product that best fits your firm. more»