A Brighton tax consultancy has been placed in administration.
Accordance, which offers accounting, auditing and tax advice, was given protection from its creditors through the court-ordered move.
The company, based in North Road, Brighton, was set up in 2005.
It describes itself as a cross-border VAT consultancy but is now in the hands of two accountants who work in Crawley.
They are the joint administrators, Malcolm Fillmore and Ranjit Bajjon, of Atherton Bailey, which is based in Whitworth Road, Crawley,
The administrators have a maximum of 12 months to try to rescue Accordance with a view to selling it as a going concern.
If a rescue fails, they must try to get the best price for the company’s assets on behalf of its creditors as they wind up the business.
At least a dozen jobs are believed to be at risk.
LIKE WHAT WE DO? HELP US TO DO MORE OF IT BY DONATING HERE.