A fund that holds the contributions that have been paid by the employee and/or employer […]
Glossary
Pay As You Earn
PAYE is an income tax deducted by employers from their employee’s payroll on behalf of […]
Proxy
Rather than attend a creditor’s meeting, a company or individual can vote by proxy. This […]
Preferential Creditor
Preferential creditors are creditors of a company that are entitled to be repaid the money […]
Public Limited Company
A public limited company is entitled to offer its shares for sale to the general […]
Personal Guarantee
A guarantee given by an individual such as a director or shareholder that money borrowed […]
