Pre-existing insolvency-related measures aimed at supporting businesses through Covid-19 have been extended to the end of June 2021. Among these are restrictions on statutory demands… Read More »Insolvency business support extension
The Debt Respite Scheme (Breathing Space) is due to come into force on 4 May [Star Wars Day!]. The scheme aims to give breathing space… Read More »Debt Respite Scheme (Breathing Space)
Often it is more-or-less taken as read that a business will be a going concern and statutory accounts are prepared on that basis. Due to… Read More »SME going concern guidance assumption
In response to Covid-19 The Insolvency Service is presently releasing statistics of UK insolvencies on a monthly basis. The April figures have been recently released… Read More »Monthly insolvency statistics, April 2020
The government has recently introduced a new Corporate Insolvency and Governance Bill to parliament for its first reading. To a large extent this bill has… Read More »The new Corporate Insolvency and Governance Bill
We have been advised that some employers have had their Job Retention Scheme (JRS) claim for financial support refused by HMRC because they are in… Read More »HMRC – Job Retention Scheme claims rejected in error