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Brexit Preparations Gone Backwards for Many Companies, Says CBI Boss

Tuesday 20th October, 2020 Written by Keith Tully

Preparations for Brexit have gone backwards for a significant number of companies across the country, according to Dame Carolyn Fairbairn.

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Free ‘Standard Form’ for Company Voluntary Arrangements Launched by R3

Tuesday 13th October, 2020 Written by Keith Tully

The insolvency and restructuring industry’s main trade body R3 has launched what it is calling a ‘standard form’ for Company Voluntary Arrangements (CVAs).

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Businesses Closing Due to Covid Promised Extra Furlough Support

Monday 12th October, 2020 Written by Keith Tully

The government has said it will expand the Job Support Scheme to provide financial help to businesses obliged to close due to coronavirus restrictions.

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Pre-pack Administration Deals to Face Mandatory Independent Scrutiny

Thursday 8th October, 2020 Written by Keith Tully

The government is introducing new laws that will soon mean pre-pack administration deals involving connected parties are subject to independent scrutiny as a matter of course.

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Treasury Facing Huge Losses on Bounce Back Loans, Says Audit Office

Wednesday 7th October, 2020 Written by Keith Tully

The Treasury and, by extension, taxpayers are facing huge losses in relation to the ‘Bounce Back’ loans given out to more than a million businesses in recent months.

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Self Assessment ‘Time to Pay’ Limit Raised to £30,000

Monday 5th October, 2020 Written by Keith Tully

HMRC has confirmed that self assessment tax payers will be able to make use of ‘Time to Pay’ options in relation to liabilities worth up to £30,000 for the 2019-2020 tax year.

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Emergency Corporate Insolvency Measures Extended into Next Year

Tuesday 29th September, 2020 Written by Keith Tully

The government has announced extensions to corporate insolvency and governance measures brought in to offer some extra breathing space to companies and their directors during the coronavirus pandemic.

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New Covid Restrictions ‘Crushing Blow to Thousands of Firms’

Thursday 24th September, 2020 Written by Keith Tully

Newly introduced Covid restrictions could prove to represent a “crushing blow” for thousands of companies across that UK.

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Macclesfield Town FC Wound Up Over Debts Worth £500,000

Wednesday 16th September, 2020 Written by Keith Tully

Chancellor Rishi Sunak is being urged to consider introducing a ‘debt relief scheme’ to support thousands of UK companies post-Covid.

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