Is a director personally liable for company debts?
Running a business, whether large, small or a family business isn’t easy. You’re constantly balancing cash flow, staff, suppliers, and pressure from creditors coinciding with the eternal goal to grow. Sometimes due to extenuating circumstances; whether that be market...
How to get board ready: 5 essential steps for aspiring directors
Joining a board of directors is a significant responsibility that requires careful preparation. Whether you’re an experienced executive or an aspiring board member, ensuring you are fully equipped for the role is crucial. Here are five key steps to help you get board-ready and excel in your directorship.
Director loan repayments and solvency: what makes them ‘reasonable’
It is not unusual for companies, particularly newer, capital-constrained ones, to accept loans from, or make repayments to directors (or their associates). This might be for working capital, bridging shortfalls, or to enable new business initiatives. However,...
Bucket vs Banker: How the right company structure can supercharge your family wealth strategy
Two strategic tools, the ‘bucket company’ and the ‘banker company’. Both strategies offer high-net-worth families a way to cap tax exposure, preserve capital, and support long-term intergenerational planning.
