Blog
Bouncing Back from Bounce Back Loan Troubles
The Bounce Back Loan Scheme (BBLS) was designed to support businesses during the pandemic. With £47 billion handed out to businesses, the scheme was designed…
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Setting Up a Time to Pay Arrangement with HMRC
Are you grappling with unpaid taxes owed to HMRC? If so, a Time to Pay payment plan could offer you the relief you need. This…
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Official Receiver- Understanding Their Role
In times of financial distress, individuals and businesses may find themselves facing insolvency. This is a situation that involves the intervention of an official receiver.…
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(ODLA) Overdrawn Director’s Loan Accounts
Moving through the financial landscape as a director demands a delicate balance, irrespective of company ownership. A comprehensive understanding of Overdrawn Directors Loan Accounts (ODLA)…
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The Statutory Demand: A Guide for Companies
For any business, receiving a statutory demand can be a pivotal moment that requires immediate and well-informed action. At I&L Advisory, we understand the severity…
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Directors: What Are The Grounds For Disqualification?
When a company director’s conduct is deemed unfit, the consequences can be severe. Disqualifying a director is a legal measure that prohibits directors from engaging…
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Unfinished Business with A Bounce Back Loan?
The £50,000 Lesson: A Tale of Misuse In the heart of North London, Salih Ozhot’s misuse of a £50,000 Bounce Back Loan serves as a…
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Director Disqualification: The Consequences and Implications
In the world of business, directors play a crucial role in steering companies towards success. However, when directors fail to meet their legal obligations, the…
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