Recent content by roger_roger

  1. R

    Liquidation with bounce back loan

    If I don't pay her and leave it to the IP to make the decision will that be fine?
  2. R

    Liquidation with bounce back loan

    I have 3 other contractors who invoice and are paid on a weekly/monthly basis. Would they also be classed as an "illegal preference"? Or is it just because she is my wife? Thats why I haven't paid her as I thought there would be issues. How many months before you enter CVL do they look back to...
  3. R

    Liquidation with bounce back loan

    thank you. would that be eg 5% of what they are owed or 5% of what is left in the company?
  4. R

    Liquidation with bounce back loan

    No. But obviously she could do. I just need an understanding of what an insolvency practitioner will say before I were to pay her, rather than do it then get in trouble. I am accepting of the fact I will get nothing for all my work
  5. R

    Liquidation with bounce back loan

    Apologies maybe wages is the wrong word. A conservative estimate of the amount of work she has done
  6. R

    Liquidation with bounce back loan

    No I have never taken a salary. All the money has been invested back into the company and I have a day job. Would it be too late to start paying myself through a payroll? And/or my wife? Then do the CVL?
  7. R

    Liquidation with bounce back loan

    Hi she is not an employee she is a sole trader and I don't think I am an employee either in terms of any formal arrangement, would that mean I'm not entitled to redundancy?
  8. R

    Liquidation with bounce back loan

    Hi thanks yes we have already claimed a cooperation tax refund
  9. R

    Liquidation with bounce back loan

    Hello despite trying to diversify, my company has made a large loss due to the pandemic and unfortunately we are going to have to call it a day. We have about £10k left in the bank and we took out a £50k bounce back loan. My wife has been working for the company (in addition to her day job) and...
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