Debt Restructuring
Debt restructuring involves modifying the terms of existing debt agreements to provide relief to borrowers facing financial difficulty. This may include extending payment periods, reducing interest rates, or adjusting repayment schedules. It helps businesses manage cash flow challenges while allowing lenders to recover funds without forcing default or liquidation.
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Dormant Company Accounts
Simplified annual accounts UK companies must file with Companies House when they have had no significant financial transactions.
Dividend Allowance
The tax-free amount of dividend income UK taxpayers can receive each tax year before dividend tax applies.
DBA (Doing Business As)
A US registration allowing a business to operate under a name different from its legal entity name.
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