Nick Hood

Nick has been an insolvency professional for over thirty years. He specialises in the owner-managed SME sector. He’s committed to finding positive solutions to business problems.

Author Content

Business Asset Disposal Relief: Use it, or risk losing it - either from dormancy dithering or the next government

An already ticking dormancy clock for some PSCs should now sound deafening, due to a likely change of colour at Number 10 on July 5th.

26th June, 2024 | Comment

DS01: The Companies House form/service for limited company strike off: explained

Dos and don’ts of the application process to officially strike off your PSC.

30th May, 2024 | Limited Companies

Contractors, the secret world of insolvency and business rescue just got opened up, sort of

Don’t hold your breath, as it’s only the starting pistol to turning around the business turnaround sector which has just been fired.

21st November, 2023 | Comment

So you think your pension pot is safe if your limited company liquidates? Think again

'Mr White' features in both, but unlike Reservoir Dogs, Manolete Partners v White is a tale of cunning plans, executed with real flair.

20th September, 2023 | Comment

Contractors, relief from HMRC is available by paying a disputed tax bill the hardship way

The ABA Motors case reinforces throwing everything at the taxman from the start.

30th June, 2023 | Comment

Contractors who like saving tax won’t want to miss HMRC’s three-year winding-up window

Don’t forget the clock is ticking as soon as your company stops trading, and don’t be tempted by a new phoney restructuring wheeze.

1st June, 2023 | Limited Companies

Your last look at new rules for limited companies before they become law? Potentially

It may be your own business, but Companies House could end up naming it. And that’s even if you did your new director duty of pledging you’ll do no wrong.

1st December, 2022 | Limited Companies

Directors, brace yourself for Putin-inspired changes, albeit dictated by Companies House

Unfortunately the limited company workload isn’t going to lighten. But this non-negotiable ‘reform’ might have the odd upside.

23rd November, 2022 | Limited Companies

Contractors, be aware HMRC is going for broke on taxing overdrawn director loan accounts

What the taxman gives with one hand as a tax refund to a failed PSC, he will surely try to take back with the other from its director.

16th November, 2022 | Comment

What is the difference between a public limited company and a private limited company?

Guide for contractors who want to know their ‘PLC’ from their ‘Ltd.’

29th September, 2022 | Limited Companies