Company directors bear a lot of responsibility towards shareholders in the event of a liquidation. In fact, the needs of shareholders are just one of the many things a business owner will need to consider [...]
If your company becomes insolvent and cannot carry on, it is essential that you are fully aware of all your responsibilities - especially those towards your staff. While nobody wants their business to fail, if [...]
After cancelling his much-expected autumn budget, Chancellor Rishi Sunak last week instead outlined the UK government’s plans to try and protect jobs with the threat of a second lockdown looming. Addressing MPs at the House of [...]
There is no doubt that the long-term impact of COVID 19 on the UK economy is uncertain. However, one thing we can say for sure is that uncertainty never bodes well for an economy. Over [...]
Is insolvency all bad? As a participant at a recent online event, I was asked to link my business ‘offering’ to the fast-approaching festive season. Not an easy task when people usually consider the [...]
According to research by the BBC, the rate of firms going bust slowed during lockdown as the government’s £160bn support package managed to keep businesses afloat. However, with many government schemes now coming to [...]
Significant news emerged this week of a letter from Rishi Sunak to the Office of Tax Simplification requesting a review of how capital gains are taxed ‘for both individual and smaller businesses’. Despite being referred [...]
The last six months have been tough on all of us. With strict lockdown rules having significant impacts on people from all walks of life. It has had a particularly negative effect on the nation's [...]
Yesterday the Chancellor of the Exchequer Rishi Sunak pumped another £30bn into the economy as his plans to tackle the immediate economic crisis now greatly exceed last year’s total health spending. In the summer statement [...]
At the end of March, the government announced a package of measures to protect the economy from complete collapse due to COVID-19. The Act has now received Royal Assent. The Act is very much designed [...]