For many UK businesses, a significant concern in the current economic climate is outstanding tax liabilities owed to HMRC. With rising costs and tighter margins, meeting tax obligations can be challenging. However, there are proactive steps businesses can take to address HMRC arrears and navigate this situation effectively. Understanding the Consequences of Late Payments Ignoring…
The UK business environment continues to face a multitude of challenges stemming from the complex interplay of global economic forces. As insolvency practitioners, we have a vital role in guiding businesses through these difficult times. Here, we explore the key issues impacting UK businesses and consider potential strategies for navigating this volatile environment. Post-Pandemic Recovery…
As we approach Mental Health Awareness Week, it’s crucial to recognise the often-overlooked link between mental health and financial difficulty. They can create a vicious cycle, where one exacerbates the other. Here, we’ll explore this connection and offer strategies to break free. The Financial Rollercoaster’s Impact on Mental Wellbeing Financial worries are a significant stressor,…
Financial difficulties and a burdensome commercial lease can feel like a double blow. But before you resign yourself to the entire term, there are options! Here, we at DMC Recovery explore ways to potentially exit your lease early and free up vital resources for your business. Commercial leases generally include “break clauses” that allow either…
We understand. Insolvency practitioners often get called in when things seem dire, like the financial Grim Reaper hovering at the door. But here’s the secret most business owners don’t realise: we’re not just about closures and liquidation. In fact, our expertise can be your lifeline, helping you restructure, explore rescue options, and navigate a path…
The Bounce Back Loan Scheme was introduced on May 4, 2020, allowing businesses to borrow between £2,000 and £50,000, with 1,531,095 loans granted totalling £46.53 billion. These loans came with attractive features such as a low interest rate of 2.5%, a 12-month interest-free period, and a repayment term of 6 years. The intended use of…
At DMC Recovery, we frequently handle cases involving directors’ loan accounts and unlawful dividends. Let’s delve into what these claims entail and how they’re addressed in practice. Directors’ Responsibilities Directors are bound by duties outlined in the Companies Act 2006. They must act in good faith and prioritise the company’s success. In cases of solvency,…
Please see the full details
Find out more at https://www.athlaw.co.uk/rsb-legal-timeshare-scammers-an-update/
If your small business has recently suffered from financial losses arising as a result of the COVID-19 pandemic, you, as company director or sole trader, may have taken advantage of the government-supported bounce back loan scheme. This may have helped you carry your business through this difficult period in order to avoid liquidation, but what…
End of content
End of content
41, Greek Street
Stockport
Manchester
SK3 8AX
Andrew Bland and Janet Mayo are both authorised to act in the UK by the Institute of Chartered Accountants in England and Wales under licence number 9472 and 9595.
© 2026 DMC Recovery Ltd • Complaints Procedure • Privacy Policy • Site Map • Cookie Policy • Creditors Guide to Insolvency FeesWe use cookies to improve your experience on our site. By using our site, you consent to cookies.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.
You can find more information in our and Privacy Policy.
WhatsApp DMC Recovery
