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Creditor Reports

Corporate Insolvency and Governance Act – extension of dates announced

  • Post author:Jackie Turner
  • Post published:October 2, 2020
  • Post category:News

The Corporate Insolvency and Governance Act 2020 which was introduced in April this year and became law in June 2020, detailed a number of measures to protect businesses from insolvency.…

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EWS’ trade body, R3, warns of shift from business restructuring to formal insolvency

  • Post author:Jackie Turner
  • Post published:September 2, 2020
  • Post category:News

R3 Midlands issued an article this week through Insolvency Insider warning that over the next twelve months there would be a shift from business restructuring to formal insolvency. EWS have…

Continue ReadingEWS’ trade body, R3, warns of shift from business restructuring to formal insolvency

HMRC gain new powers to make Directors personally liable for taxes.

  • Post author:Jackie Turner
  • Post published:August 19, 2020
  • Post category:News

The 2020 Finance Act, which received Royal Assent on 22 July, introduced new powers for HMRC to enforce Directors’ personal liability for historic unpaid taxes. These provisions have been introduced…

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Rishi Sunak’s Economic Statement addresses economic and business recovery.

  • Post author:Jackie Turner
  • Post published:July 8, 2020
  • Post category:News

At 12.30 today, The Chancellor addressed the House and the Nation regarding his 3 Point Plan to re-open the economy by supporting businesses and employees. In his statement he called…

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Insolvency Bill didn’t properly consider Pensions

  • Post author:Jackie Turner
  • Post published:July 2, 2020
  • Post category:News

The Government’s Corporate Insolvency and Governance Bill will result in big changes to the insolvency market. The aim of the Bill is to prevent otherwise viable businesses facing the threat…

Continue ReadingInsolvency Bill didn’t properly consider Pensions

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