Business Growth & Development

Turnaround & Insolvency

At Aston Shaw, we can support you offering discretion, personable and practical guidance if you are concerned about the financial impact and repercussions of your business underperforming.

We’ll go beyond the everyday to help you achieve a positive outcome for your business.

Our Business Turnaround & Insolvency Service

Our primary focus is always business turnaround; for us, insolvency is the last resort. However, should the unfortunate situation arise where insolvency is your only option, you can rest assured that you’re in the best possible hands and that we will do everything we can to get you the best result.

Our business turnaround and insolvency services include support with:

Administration
Administrative receivership
Bankruptcy
Business restructuring
Compulsory liquidation
Creditors’ meetings
Company voluntary arrangement
Creditors voluntary liquidation
Creditors’ guides
Personal insolvency
Independent review
Individual voluntary arrangement
Informal solutions
Scheme of arrangement

Support with business insolvency

A fully qualified, experienced accountant working on your accounts
Personal and friendly support from your dedicated accounts team
Guidance with claiming eligible expenses and tax reliefs
A full calculation of your tax bill
Your tax return filed to HMRC

We can complete tax returns for any individual or business including self-employed, CIS contractors or sub-contractors, Partners or Directors of a business, or Landlords renting out a property.

The Aston Shaw Approach

We always start by offering you a free, no-obligation consultation. This will give us the opportunity to understand your current situation and the challenges that you are facing.

Once we’ve got to know you and your business, we can share our advice on the best steps forward and should you choose to go ahead, you’ll be assigned a dedicated and specialist team. Our team of experienced senior accountants and technical advisors will work closely together to help achieve the most positive outcome possible.

About us

FAQs on Turnaround & Insolvency

What do you need to declare on a tax return?

When you file your self-assessment tax return, you will need to declare any income that you made in the previous financial year.

Each individual will be different, but you will need your P60, your P45 (if you left a job that year) and P11D benefits in kind. You will also need to declare other information including details of any pay and expenses from an employer, details of any bank interest, dividends or sale of stocks and shares, any capital gains made and Information on any pension you may have.

You will also need to declare any Charitable donations, Rental Income and Foreign Income.