R2BBusinessSolutions

Solving financial problems for businesses and their owners

[R2BBusinessSolutions @R2BBusiness]

Did you know? If you are a Council Tax payer who has been made bankrupt then no further payments should be made in the finanical year the bankruptcy commences. This is because Council Tax is a provable debt in bankruptcy whether you are in arrears or not.

[R2BBusinessSolutions @R2BBusiness]

Did you know? Restrictions on the issuing of statutory demands and winding-up petitions has come to an end. As of 1 April 2022, the restrictions have ceased to apply and creditors are free once again to issue winding-up petitions against debtors who are unable to pay sums owed.

[R2BBusinessSolutions @R2BBusiness]

Boris Becker was convicted of four counts against the Insolvency Act 1986. He will appear for sentencing on 29 April 2022. Although not generally widely reported, the consequences for not declaring assets in bankruptcy can be quite severe even resulting in custodial sentences.

[R2BBusinessSolutions @R2BBusiness]

Banks, UK government set for showdown over COVID-19 loan guarantees!!! Interesting time ahead......

[R2BBusinessSolutions @R2BBusiness]

It is reported that 30% of insolvent business closures cause separation or divorce due to the stress of the situation. Professional help with business closure can alleviate the stress very quickly; the sooner this is recognised, the better for all concerned.

[R2BBusinessSolutions @R2BBusiness]

Directors’ guarantees are often given and effectively pierce the veil of incorporation. Consequences can be significant when personal assets are at risk. Losing a business and livelihood is bad, but losing your home is something else.

[R2BBusinessSolutions @R2BBusiness]

When businesses and business owners get into debt, it can be very helpful to have someone on your side. We work with business owners to achieve the best possible outcome for them. Because we work for you and not the creditors, our sole aim is to get the best outcome for you.

[R2BBusinessSolutions @R2BBusiness]

Debt and business uncertainty impacts on business owners mental health. Affecting literally millions of lives. At R2B we aim to relieve some of the pressure - dealing with matters does help and removes uncertainty.

[R2BBusinessSolutions @R2BBusiness]

Feeling the squeeze on your business finances?
More going out than coming in and costs rising?
Are you trading whilst insolvent? Extreme care should be taken by directors as you could be held personally liable for the debts of the business.

[R2BBusinessSolutions @R2BBusiness]

Don't ignore court claims. Consquences can be serious. Act quickly to avoid a judgment in default as this can be uplifted to High Court Enforcement and potentailly seizure of assets. If you or your business are unable to pay debts as they fall due contact R2B Business Solutions.

[R2BBusinessSolutions @R2BBusiness]

Each person is unique 
You are different and that's why we remember that each client has his/her own unique characteristics, wants and needs.  Tailoring the right solution is paramount.

#Difference
#Unique
#R2BBusinesssolutions

[R2BBusinessSolutions @R2BBusiness]

Did you know since December 2020 HMRC have had preferential status in relation to certain debts such as VAT and PAYE. We are now aware of increased collections activity from HMRC with enforcement visits being made. Surely, this is no coincidence.

[R2BBusinessSolutions @R2BBusiness]

Company insolvencies was 3% higher than the pre-pandemic month January 2020. Driven up by an increase in CVL's which were 34% higher than pre-pandemic levels. Compulsory liquidations however, were 60% lower than pre-pandemic but this is going to change as HMRC become more active.

[R2BBusinessSolutions @R2BBusiness]

Merry Christmas to all.
We hope 2022 will be a successful year for you.
#Christmas

[R2BBusinessSolutions @R2BBusiness]

5 star review for a ⭐⭐⭐⭐⭐ service.
Darran was recommended to us to assist and support the company through a difficult time.

[R2BBusinessSolutions @R2BBusiness]

Did you know that when a company is placed into formal insolvency and employees are made redundant, they can claim certain entitlements from the Redundancy Payments Service. Director’s this applies to you too but certain criteria need to be met!

[R2BBusinessSolutions @R2BBusiness]

Another great Trustpilot review.....R2B, respectful, non-judgemental and very knowledgeable. I was at my wits end, I turned to Alan for help.

[R2BBusinessSolutions @R2BBusiness]

Accountants and other professionals are often the last supplier to get paid when working for their clients. If the upward trend in corporate insolvency numbers continues then our top tip is to regularly review the work you are doing for your clients to ensure that you get paid!!

[R2BBusinessSolutions @R2BBusiness]

Another great Trustpilot review.....HMRC were chasing for a “debt” from almost 20 years ago. Three different accounting firms tried to deal with the matter and failed.

[R2BBusinessSolutions @R2BBusiness]

The Insolvency Service is taking an increasingly firm stance on directors committing fraud, with 122 convictions in the year up to 30 September 2021; this is up from 40 for the same period last year. with a further 87% increase in the number of directors now facing prison