Two company directors from Nottingham have been found guilty of fraudulent trading after a 10-day trial. The firm cold-called businesses all over the UK, including takeaway restaurants, nail bars, hair salons and other small businesses, offering to reduce their business rates. The firm charged customers either £399 or £499 for simply filling in application forms. On their website, they boasted that they were the leading specialist in business rates, something that they could not justify when asked in court.
The small businesses targeted were then pressed for payment, even though rate cuts had not been achieved by the company. … Read more