logo
logo
Sign in
Leading UK
The Leading UK is a licensed insolvency practitioner Specialists who can act in the circumstances of both company and personal insolvency.
Followers 2 Following 0
Leading UK 2021-07-19
img

When a company has pending debts and is not able to pay that, then the debt solutions company will help them.

The owner of the company hires the insolvency practitioners that handle the matter and close the company after paying pending amounts.

In this case, Leading UK will help you or serve you the most legal and financial guide.

Book an appointment online with one of our experts that will guide you properly.

collect
0
Leading UK 2021-07-07
img

If you are an investor with shares in a company, there’s always the possibility that the company may go into liquidation.

If the company is solvent and it’s a case of winding up the company because it is no longer needed, or the owners wish to retire and there’s no-one to take over, as a shareholder you will receive a liquidating dividend, i.e.

a combination of your regular dividend and the return on your investment.

However, if it is an insolvent company in liquidation, there is a strong possibility you will lose your investment entirely.

collect
0
Leading UK 2021-06-30
img

As a shareholder of a company, you can expect to receive annual dividends.

These are a distribution to shareholders of the company’s profit, which are normally paid from the company’s retained earnings.

But what are liquidating dividends and when would a company pay their shareholders in this way?What are liquidating dividends?Dividends are a share of a company’s profits that is paid to shareholders, usually annually, based on the number of shares held by each individual shareholder.

The value of a share is based on its market value, i.e.

how much each share is worth according to the financial markets.

So, for example, if the market values each share at £3 and a shareholder holds 1,000 shares, they will receive a dividend of £3,000.These are known as regular dividends and are paid from the company’s retained earnings, i.e.

collect
0
Leading UK 2021-06-17
img

Entering bankruptcy is a step that should never be taken lightly and only after getting professional advice, and careful consideration.

If you are struggling with debts and are thinking about bankruptcy, stop; the first step is to seek professional advice as there may be other options available that are better suited to your circumstances.

Our highly experienced professionals at Leading UK are on hand to help and advise on the process.

collect
0
Leading UK 2021-07-15
img

Best liquidator knows how to handle debt issues and how to overcome these kinds of cases.

In Norwich, it is very difficult to find the best insolvency practitioners that help us to overcome financial issues.

If you think so, then this post can help you to search for liquidators near me in Norwich.

Leading UK is highly recommended insolvency experts that guide you properly and tell you the best way.

So book an online appointment with one of our team members to take advice regarding your issue.

collect
0
Leading UK 2021-07-06
img

Voluntary liquidation self-imposed ending process.

That has been approved by its shareholders.

The decision will happen when a company's owner decides that it has no reason to continue the work.

Leading UK is one of the best insolvency practitioners, and it will help you handle the company's voluntary liquidation matter.

So contact us today and book an appointment online with one of our experts.

collect
0
Leading UK 2021-06-28
img

Finding yourself struggling with overwhelming debts is one of the most stressful situations you will ever face in your life.

Taking help from a debt solutions company can help you to counter this pressure by making arrangements that can ease your life.

Realistic levels of debt to be written off are between 20% and 85%, however, this depends on your current credit policy, income, and personal assets.

If you are looking for a company to provide you with a debt management solution then you can consider hiring the services of the companies in the UK.

collect
0
Leading UK 2021-06-16
img

The legal definition for bankruptcy, according to HMRC, is ‘a legal procedure for a business or individual who are not able to pay their debts.

A bankruptcy petition can be filed by either the debtor, which is more common, or on behalf of creditors – it is a different process – by an insolvency practitioner (IP) via the court.

If you have debts of £5,000 or more, you can only apply for bankruptcy online yourself and there is a fee to pay to HMRC, which is currently £680.

Alternatively, you can go through an IP; if you do, you are liable for the IP’s fees as well.An IP will assess all your debts and assets to get a better understanding of your financial position.

An adjudicator who works for the Insolvency Service will assess your case and decide if you are eligible for bankruptcy.

However, in most cases, there are insufficient assets of high enough value to pay creditors and therefore an arrangement is agreed with creditors that the debtor pays a monthly amount to the IP who then distributes the agreed amounts to the creditors.Anyone who declares bankruptcy will have to follow the legal procedure in accordance with the Insolvency Act 1986.

collect
0
Leading UK 2021-07-14
img

Whilst the tax benefits are a bonus with a members’ voluntary liquidation in the UK, closing the business must not be for the sole purpose of benefiting from paying less tax.

HMRC’s Targeted Anti Avoidance Rules (TAAR), which is part of the Finance Act 2016, allows HMRC to challenge a shareholder’s distributions from a liquidated company if they believe that this was the main purpose.

If it is decided that this was the principal reason for liquidation, a shareholder’s distribution will be re-classified as an income distribution and subject to higher tax rates, rather than as capital gains taxation.If you are considering closing a solvent company via a members’ voluntary liquidation process, the first step is to seek professional advice.

Our highly experienced professionals at Leading UK are on hand to help and advise you on the process.

collect
0
Leading UK 2021-07-05
img

After the decision of winding up gets the approval of the shareholders, the directors of the company can hire or appoint a liquidator.

The role of IP is to supervise the process and prepare a proposal for the creditors of the company.

The voluntary liquidation cost concerning the liquidator is paid out of the money realized after selling the assets.If you need any kind of help or services of experienced Insolvency practitioners to carry out the process of Company Voluntary Arrangement for you then, you can contact creditors Voluntary liquidation experts from Leading UK now.

collect
0
Leading UK 2021-06-24
img

The good news is that these staggering figures are 5% down on the previous quarter (October-December 2020).

But being in debt to the point of being classified as insolvent is not a place anyone wants to be; sometimes, though, it’s unavoidable.

However, understanding more about personal insolvency in England and its consequences will help you better deal with the situation.

collect
0
Leading UK 2021-06-15
img

Hiring the services of Debt Solutions Company to counter the financial turmoil due to overwhelming debts is common these days.

Though it seems to be a good option to most of us it has its disadvantages.

There are certain types of risks that you need to understand while hiring the services of any debt solution company in your region.

Debt solution companies help you to do negotiations with the creditors and people often end up paying less in comparison to but they owe.

It may sound great but the tactics that these companies use to settle your debts with creditors can turn fatal for your credit ratings.

collect
0
Leading UK 2021-07-12
img

Though the processes of company voluntary liquidation seem to be good options to get rid of overwhelming pressure from the creditors, they can prove drastic for the reputation and goodwill of the business.

You should not go ahead with choosing the liquidation until and unless there are no chances of business rescue.

There are ways such as or creditors’ voluntary arrangement that can help you to counter such situations without a need for liquidation.

collect
0
Leading UK 2021-06-30
img

Dividends are a share of a company’s profits that is paid to shareholders, usually annually, based on the number of shares held by each individual shareholder.

The value of a share is based on its market value, i.e.

how much each share is worth according to the financial markets.

So, for example, if the market values each share at £3 and a shareholder holds 1,000 shares, they will receive a dividend of £3,000.

collect
0
Leading UK 2021-06-22
img

There are many more reasons for a company to choose voluntary liquidation.

Even the death of key members can result in CVL Company voluntary liquidation.

If you are also seeking the services of a proficient firm to assist you with guidance and supervision of this process then you can contact the team of leading UK now.

collect
0
Leading UK 2021-06-11
img

One thing to note at this point in terms of qualifying for Business Asset Debt Relief from HMRC – share stockholders must have owned the shares for a minimum of one year and have been an employee or director.If your business is struggling with debts and not sure what your next step should be, are facing a compulsory liquidation or have to consider winding up an insolvent company voluntarily, the first step is to seek professional advice.

Our highly experienced professionals at Leading UK are on hand to help and advise on the process.

collect
0
Leading UK 2021-07-19
img

When a company has pending debts and is not able to pay that, then the debt solutions company will help them.

The owner of the company hires the insolvency practitioners that handle the matter and close the company after paying pending amounts.

In this case, Leading UK will help you or serve you the most legal and financial guide.

Book an appointment online with one of our experts that will guide you properly.

Leading UK 2021-07-14
img

Whilst the tax benefits are a bonus with a members’ voluntary liquidation in the UK, closing the business must not be for the sole purpose of benefiting from paying less tax.

HMRC’s Targeted Anti Avoidance Rules (TAAR), which is part of the Finance Act 2016, allows HMRC to challenge a shareholder’s distributions from a liquidated company if they believe that this was the main purpose.

If it is decided that this was the principal reason for liquidation, a shareholder’s distribution will be re-classified as an income distribution and subject to higher tax rates, rather than as capital gains taxation.If you are considering closing a solvent company via a members’ voluntary liquidation process, the first step is to seek professional advice.

Our highly experienced professionals at Leading UK are on hand to help and advise you on the process.

Leading UK 2021-07-07
img

If you are an investor with shares in a company, there’s always the possibility that the company may go into liquidation.

If the company is solvent and it’s a case of winding up the company because it is no longer needed, or the owners wish to retire and there’s no-one to take over, as a shareholder you will receive a liquidating dividend, i.e.

a combination of your regular dividend and the return on your investment.

However, if it is an insolvent company in liquidation, there is a strong possibility you will lose your investment entirely.

Leading UK 2021-07-05
img

After the decision of winding up gets the approval of the shareholders, the directors of the company can hire or appoint a liquidator.

The role of IP is to supervise the process and prepare a proposal for the creditors of the company.

The voluntary liquidation cost concerning the liquidator is paid out of the money realized after selling the assets.If you need any kind of help or services of experienced Insolvency practitioners to carry out the process of Company Voluntary Arrangement for you then, you can contact creditors Voluntary liquidation experts from Leading UK now.

Leading UK 2021-06-30
img

As a shareholder of a company, you can expect to receive annual dividends.

These are a distribution to shareholders of the company’s profit, which are normally paid from the company’s retained earnings.

But what are liquidating dividends and when would a company pay their shareholders in this way?What are liquidating dividends?Dividends are a share of a company’s profits that is paid to shareholders, usually annually, based on the number of shares held by each individual shareholder.

The value of a share is based on its market value, i.e.

how much each share is worth according to the financial markets.

So, for example, if the market values each share at £3 and a shareholder holds 1,000 shares, they will receive a dividend of £3,000.These are known as regular dividends and are paid from the company’s retained earnings, i.e.

Leading UK 2021-06-24
img

The good news is that these staggering figures are 5% down on the previous quarter (October-December 2020).

But being in debt to the point of being classified as insolvent is not a place anyone wants to be; sometimes, though, it’s unavoidable.

However, understanding more about personal insolvency in England and its consequences will help you better deal with the situation.

Leading UK 2021-06-17
img

Entering bankruptcy is a step that should never be taken lightly and only after getting professional advice, and careful consideration.

If you are struggling with debts and are thinking about bankruptcy, stop; the first step is to seek professional advice as there may be other options available that are better suited to your circumstances.

Our highly experienced professionals at Leading UK are on hand to help and advise on the process.

Leading UK 2021-06-15
img

Hiring the services of Debt Solutions Company to counter the financial turmoil due to overwhelming debts is common these days.

Though it seems to be a good option to most of us it has its disadvantages.

There are certain types of risks that you need to understand while hiring the services of any debt solution company in your region.

Debt solution companies help you to do negotiations with the creditors and people often end up paying less in comparison to but they owe.

It may sound great but the tactics that these companies use to settle your debts with creditors can turn fatal for your credit ratings.

Leading UK 2021-07-15
img

Best liquidator knows how to handle debt issues and how to overcome these kinds of cases.

In Norwich, it is very difficult to find the best insolvency practitioners that help us to overcome financial issues.

If you think so, then this post can help you to search for liquidators near me in Norwich.

Leading UK is highly recommended insolvency experts that guide you properly and tell you the best way.

So book an online appointment with one of our team members to take advice regarding your issue.

Leading UK 2021-07-12
img

Though the processes of company voluntary liquidation seem to be good options to get rid of overwhelming pressure from the creditors, they can prove drastic for the reputation and goodwill of the business.

You should not go ahead with choosing the liquidation until and unless there are no chances of business rescue.

There are ways such as or creditors’ voluntary arrangement that can help you to counter such situations without a need for liquidation.

Leading UK 2021-07-06
img

Voluntary liquidation self-imposed ending process.

That has been approved by its shareholders.

The decision will happen when a company's owner decides that it has no reason to continue the work.

Leading UK is one of the best insolvency practitioners, and it will help you handle the company's voluntary liquidation matter.

So contact us today and book an appointment online with one of our experts.

Leading UK 2021-06-30
img

Dividends are a share of a company’s profits that is paid to shareholders, usually annually, based on the number of shares held by each individual shareholder.

The value of a share is based on its market value, i.e.

how much each share is worth according to the financial markets.

So, for example, if the market values each share at £3 and a shareholder holds 1,000 shares, they will receive a dividend of £3,000.

Leading UK 2021-06-28
img

Finding yourself struggling with overwhelming debts is one of the most stressful situations you will ever face in your life.

Taking help from a debt solutions company can help you to counter this pressure by making arrangements that can ease your life.

Realistic levels of debt to be written off are between 20% and 85%, however, this depends on your current credit policy, income, and personal assets.

If you are looking for a company to provide you with a debt management solution then you can consider hiring the services of the companies in the UK.

Leading UK 2021-06-22
img

There are many more reasons for a company to choose voluntary liquidation.

Even the death of key members can result in CVL Company voluntary liquidation.

If you are also seeking the services of a proficient firm to assist you with guidance and supervision of this process then you can contact the team of leading UK now.

Leading UK 2021-06-16
img

The legal definition for bankruptcy, according to HMRC, is ‘a legal procedure for a business or individual who are not able to pay their debts.

A bankruptcy petition can be filed by either the debtor, which is more common, or on behalf of creditors – it is a different process – by an insolvency practitioner (IP) via the court.

If you have debts of £5,000 or more, you can only apply for bankruptcy online yourself and there is a fee to pay to HMRC, which is currently £680.

Alternatively, you can go through an IP; if you do, you are liable for the IP’s fees as well.An IP will assess all your debts and assets to get a better understanding of your financial position.

An adjudicator who works for the Insolvency Service will assess your case and decide if you are eligible for bankruptcy.

However, in most cases, there are insufficient assets of high enough value to pay creditors and therefore an arrangement is agreed with creditors that the debtor pays a monthly amount to the IP who then distributes the agreed amounts to the creditors.Anyone who declares bankruptcy will have to follow the legal procedure in accordance with the Insolvency Act 1986.

Leading UK 2021-06-11
img

One thing to note at this point in terms of qualifying for Business Asset Debt Relief from HMRC – share stockholders must have owned the shares for a minimum of one year and have been an employee or director.If your business is struggling with debts and not sure what your next step should be, are facing a compulsory liquidation or have to consider winding up an insolvent company voluntarily, the first step is to seek professional advice.

Our highly experienced professionals at Leading UK are on hand to help and advise on the process.