2021 Budget Statement: the current issues The budget, released on 3rd March 2021, was set to be a balancing act for Rishi Sunak. Considerations such as the health of the … Read More
Why 2021 will be our best year yet…
If you’re reading this, then congratulations on making it to the end of 2020, easily one of the worst years, ever. We all know why so I won’t dwell on … Read More
Time to Pay Schemes
What does HMRC want to see from a business requesting a Time to Pay Arrangement (TTP)? R3’s tax working group have been updated by HMRC regarding their current position and proposals in … Read More
Case Study: Lump Sum Payment IVA
Are you a director with Personal Guarantees or sole trader that has mounting business debt? Or are you an accountant who has a client in this situation? You may want … Read More
What is an Insolvency Practitioner?
When an individual or business is financially struggling, people often suggest speaking to an Insolvency Practitioner (or IP for short). But what are IP’s, what do they do and how … Read More
The Insolvency Company commits to ‘earn and learn’ by joining The 5% Club
The Insolvency Company has showcased its commitment to developing its people by joining The 5% Club, an industry led initiative focussed on driving momentum into the recruitment of apprentices, graduates … Read More
Important MVL Update
MVLs (Member Voluntary Liquidations) are often used as an exit tool when a profitable company has reached the end of its useful life, where shareholders are keen to extract the … Read More
Changes to the priority of creditors: HMRC
Are you a director with a personal guarantee? New legislation being introduced on December 1st could have significant impact on you! From December HMRC will become a preferential creditor which … Read More
The misconceptions of corporate insolvency
If I liquidate my company will I be able to be a director in the future? You can be a director of another company after liquidation. As part of a liquidation, … Read More
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