KRE News

CAN I STRIKE OFF MY COMPANY IF IT HAS A BOUNCE BACK LOAN?

Dissolving a company, known as a strike off, can be a simple, cost effective way to close down a solvent or insolvent company with no assets.  Technically a company can be struck off if it has creditors, but only with their consent.  As part of the strike off process the board needs to tell the following “interested parties” about the intention to strike off.

read more

TIME TO BE PROACTIVE NOT REACTIVE

How big is the can?   The last 18 months have been truly horrendous  for most businesses and as lockdown measures are released, government support for businesses is starting to unwind. We are increasingly asked how directors should now deal with the fall out and the advice is always be proactive not reactive. The numbers are frightening and most businesses are…

read more

Wokingham Positive Difference

Wokingham Positive Difference’s main event in June was hosted as usual by Graeme Hobbs who introduced the workshop on Buying, Selling and Closing Businesses. These three very different paths were explored with a view to helping attendees increase their awareness of what is involved when making some life changing business decisions. Attendees were afforded insights and expertise from local specialists within…

read more

THREE SIGNIFICANT PROMOTIONS AT KRE COPORATE RECOVERY

We are pleased to announce three senior promotions with effect from 1 April 2021 as we continue to strive to consolidate our position as the leading independent provider of Corporate Recovery and Restructuring Services in the Thames Valley. We have four permanent, formal appointment taking Licensed Insolvency Practitioner Directors based in our office in the centre of Reading and a…

read more

ENTREPRENEUR’S RELIEF – A STAY OF EXECUTION?

It was widely expected that in the recent Budget the Chancellor would either remove or restrict further the reliefs available under the Capital Gains Tax (“CGT”) regime in relation to Business Asset Disposal Relief (formerly Entrepreneur’s Relief)

read more