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The fiendishly clever accounting and taxation system

Directors of insolvent companies who think they can talk their way out of trouble often come unstuck when faced with a liquidator.

The liquidator will look at ways in which to recover assets and he may well look to the directors. How might he do this?

The liquidator will look at the accounting records and try and establish if there have been any payments that should be investigated further, whether assets owned by the company have been transferred before liquidation and if there are any violations of the insolvency legislation.

Gore and Company assists directors who are being targeted by the liquidator to help them steer a safe path.  Strong accounting skills as well as a knowledge of the taxation regime are important to providing valuable assistance.

Interested parties should contact Gore and Company on 0845 602 3620 for further information.

Please note that the above is provided for illustration purposes only and comprises a short view of extremely complex insolvency and other legislation. This is a complicated area and specific advice must be sought before undertaking any course of action or before refraining from any course of action. Gore and Company takes no responsibility for any loss incurred to or by any person who either acts or refrains from acting on the basis of the above or of any other item published on this website. The above note may not be reproduced without the prior written consent of Gore and Company.

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