VOSCAP NEWS

Advice for Company Directors Facing PAYE and VAT Arrears
Business, Financial Management, Tax Compliance, Tax, Business Strategy, Business Finance, HMRC Relations Liz Davies Business, Financial Management, Tax Compliance, Tax, Business Strategy, Business Finance, HMRC Relations Liz Davies

Advice for Company Directors Facing PAYE and VAT Arrears

Facing PAYE and VAT arrears can be daunting for company directors. This comprehensive guide explores the implications of tax debts, outlines potential penalties, and offers actionable solutions such as negotiating Time to Pay arrangements with HMRC. Learn how to address these challenges proactively to safeguard your business's financial health and ensure compliance with tax obligations.

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Wind-Down Plans: What Are They and Why Do All FCA Regulated Firms Need One?
Regulatory Compliance, Financial Services, Business Strategy, Risk Management, Operational Planning​ Joanna Michael Regulatory Compliance, Financial Services, Business Strategy, Risk Management, Operational Planning​ Joanna Michael

Wind-Down Plans: What Are They and Why Do All FCA Regulated Firms Need One?

In the financial services sector, regulatory compliance is crucial. A key component of this compliance is the development of a wind-down plan—a comprehensive strategy detailing how a firm will cease regulated activities in an orderly fashion. This plan is vital for all Financial Conduct Authority (FCA) regulated firms to protect clients, maintain market integrity, and ensure adherence to regulatory obligations. Key elements include assessing financial resources, identifying critical functions, crafting stakeholder communication strategies, ensuring operational continuity, and addressing legal and regulatory compliance. Implementing a robust wind-down plan demonstrates a firm's commitment to responsible management and preparedness for potential business cessation scenarios.

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Voscap’s primary objective is to save your business. Our team of experts’ knowledge in restructuring and turnaround assignments is invaluable when assessing the best option available to your needs. With experience spanning several decades, we have the skill and resources to provide viable solutions within all industry sectors. All organisations go through difficult times and we are here to help. From small to multi-million turnover businesses, we have dealt with the most complex of cases. We offer an initial free assessment in analysing your financial position and providing clear and precise advice making your experience a simple non-complicated process.