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The Budget, HMRC and Insolvency

The Budget, HMRC and Insolvency

The Government and HMRC are continuing to seek ways to maximise tax receipts. The recent Autumn Budget contained two principal changes to the treatment of unpaid tax in an insolvency process. 1) HMRC preferential creditor status With regard to corporate insolvencies...

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News

News update: Government moves to protect high street

News update: Government moves to protect high street

The Government has announced new measures to protect the UK high street and other companies from aggressive rent collection and closure, and is asking businesses to pay what they can during the coronavirus pandemic. Temporary new measures to be introduced to safeguard...

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HMRC updates Furlough guidance

HMRC updates Furlough guidance

HMRC has updated the Furlough guidance over the weekend with specific reference to company directors: As office holders, salaried company directors are eligible to be furloughed and receive support through this scheme; Company directors owe duties to their company...

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