by Paul Brindley | Feb 26, 2023 | Advice to Directors, Director Disqualification, Ethics & Regulation
The UK Government has pledged to provide additional funds of £79 million over the next five years to support HM Revenue & Customs in addressing compliance risks amongst wealthy taxpayers and combating tax fraud. In response, HMRC is utilising its vast array of...
by Paul Brindley | Feb 23, 2023 | Advice to Directors, Alternatives to formal insolvency, Ethics & Regulation, Personal Debt
Statements of Insolvency Practice (SIP) are a set of guidelines issued by the Joint Insolvency Committee (JIC), which is made up of representatives from the Insolvency Service, the Institute of Chartered Accountants in England and Wales (ICAEW), the Insolvency...
by Paul Brindley | Jan 22, 2023 | Ethics & Regulation
The return of crown preference in the Finance Act of 2020 has had significant implications on companies facing cash flow problems and potential insolvency. By giving priority to the payment of government debts and taxes in any formal insolvency, it is making it more...
by Paul Brindley | Nov 15, 2022 | CVLs, Ethics & Regulation
Here is a link to an excellent article by Stevens & Bolton, lawyers, on the restriction on the re-use of company names post liquidation – click here. To reinforce the importance of following the rules, in the case reported by S&B, PSV 1982 Limited v...
by Paul Brindley | Feb 28, 2021 | Administration, Advice to Directors, Alternatives to formal insolvency, Ethics & Regulation
Simply striking a company off can be a great route for directors to shut a limited company… in the right circumstances. A few months ago, Companies House temporarily stopped striking companies off, whether on an application by the directors or by Companies...
