Regular readers will have seen the recent rise in personal insolvency statistics and the issue is brought home at this time of year when we might flex the plastic to…

In company law, a distribution in respect of share capital during a winding up is not currently treated as an income distribution for tax purposes, instead being subject to capital…

In November 2015, the trade body of the insolvency profession, R3, led a coalition of ten business organisations in writing to the Justice Secretary Rt Hon Michael Gove MP to…

Under new powers introduced last year H.M. Revenue & Customs (‘HMRC’) can demand disputed amounts of tax, using Advanced Penalty Notices (‘APNs’), where tax tribunals are yet to rule in…