Legislation


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...
New Insolvency Rules 2016: Are You Prepared?

New Insolvency Rules 2016: Are You Prepared?

On 6 April 2017 the government will introduce new legislation impacting on all forms of insolvency, including creditors’ voluntary liquidations and voluntary arrangements. A significant change is that insolvency legislation is moving away from holding a...