INSOLVENCY & LAW
Insolvency & Law Articles
HMRC vs English Football: The Battle Rages On
English football clubs owed more than £22m in overdue tax to HM Revenue and Customs…
Corporate Insolvencies to Drop Following Appeal Court Ruling
A ruling by the Supreme Court in London could lead to a reduction in corporate…
Office of Fair Trading’s Insolvency Recommendations are Long Overdue
Last month, the Insolvency Service released a review paper on the regulation of insolvency practitioners…
Top UK Director Sir Clive Thompson Facing Disqualification Proceedings
The Insolvency Service (IS) is to launch disqualification proceedings against one of Britain’s leading businessmen,…
Small Business Owners Must Think Smart to Beat Inflation and VAT Increase
The findings of last week’s Bank of England review suggest interest rates are likely to…
Struggling Business Owners Will Act Swiftly, If They Are Smart
In December, I warned that company insolvencies would soar over the next 12 months. Now,…
R3 Wrong to Blame Cable’s Insolvency Service for Fall in Company Director Disqualifications
The UK’s leading professional association for insolvency and business recovery specialists, R3, claims dodgy company…
Premier League and HMRC Court Battle Set for 15 February
Next month, HMRC and the Football Association Premier League will battle in court over the taxman’s…
Remedies for Struggling Directors: CVAs and Renegotiating with Creditors
Company directors experiencing financial difficulties often consider terminating agreements and contracts to reduce the burden of…
Directors are Wrong to Think They Can Avoid Taxman
The 10-year prison sentence a Yorkshire woman recently received for her part in a VAT…
Section 127 of the Insolvency Act: Stop Spending If You Receive a Winding Up Petition
If you’re a business owner and expecting difficult financial times ahead, now’s the time to…
What’s More Important: Managing Debt or Bad Practice?
Last year, I advised a company that went bust owing £100,000. The Insolvency Service sought…
Creditors Voluntary Liquidations Will Be Popular in 2011
Thousands of struggling company owners will voluntarily close their businesses this year, and most of…
Always Read the Small Print of Finance Agreements – the Devil’s in the Detail
Over the past year, Yorkshire businessman Keith Elliot has launched a campaign to highlight what…
New HMRC Scheme Punishes Small Businesses Owners
Up to two million small and medium sized business that fail to keep up-to-date records…