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The latest articles from CFS Redundancy Payments.
Carillion 'major factor' as construction sector insolvencies increase 6%
Monday 17th August, 2020
The number of construction sector companies to enter insolvency during the year 2017/18 increased by as much as 6 per cent compared to the previous 12 months.
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How to close a limited company
Sunday 5th July, 2020
There are several ways to close down a limited company, the best one for your business depends on its financial situation and what you want to achieve as part of the closure.
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What is a Company Voluntary Arrangement?
Monday 29th June, 2020
A Company Voluntary Arrangement, or CVA, is a mechanism via which struggling companies can repay all or a proportion of their debt.
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What happens if my company falls behind with PAYE?
Friday 26th June, 2020
As an employer you’re obliged to deduct income tax and National Insurance from your employees’ wages, and pay the total over to HMRC each month or quarter.
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How is holiday pay calculated in a redundancy process?
Friday 12th June, 2020
If your business is in decline and you need to make staff redundant, as a director you have an obligation to ensure they receive their full redundancy entitlement once their employment is terminated.
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Understanding the Spongebob Plan and why liquidation is the better option
Sunday 7th June, 2020
The Spongebob Plan is the name given to a process whereby a limited company with debts is closed down inexpensively.
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