Why the client needed our help
HMRC had issued a winding up petition against our client, a local authority funded residential care home, for various tax liabilities. Then, following the advertisement of the petition, the care home’s bank account had been frozen. Although our client had substantial assets, it had been suffering from cash flow issues because of delayed payments from local authorities.
How we helped
We immediately set about negotiating a payment agreement with HMRC and applying for a validation order to authorise the unfreezing of the company bank account so that it could continue trading.
The outcome
We were successful in our negotiations with HMRC and in quickly obtaining a validation order. Had we not done this, the care home’s residents – including people suffering with physical disabilities and challenging behaviour – would have been moved to emergency accommodation. Instead, unfreezing the bank account meant that our client could continue paying staff salaries and its necessary day-to-day costs, with minimal disruption to the residents.
They were extremely responsive and their assistance proved invaluable in resolving these matters such that the risks we faced were removed entirely. Our company continues to trade having survived this as a result of FWJ’s input.
A client to whom we provided urgent assistance regarding regulatory and compliance duties