insolvency | AccountingWEB

insolvency

High street retail giant BHS has today called in the administrators after failing to find further funding or a potential buyer for the business, putting around 11,000 jobs at risk.

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New rules applying from 6 April 2016 look set to bring more complexity to Members’ Voluntary Liquidations - and to business restructuring more widely.

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HMRC makes it harder to rescue businesses than to wind them up, according to a survey of the insolvency profession by trade body R3.

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The media firm responsible for handling income for former Bradford West MP George Galloway has gone into compulsory liquidation, owing more than £100,000 to HMRC.

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HMRC and a number of small businesses are set to lose out on millions of pounds after fashion retailer Blue Inc, which owns, among others, the Officers Club brand, closed many of its stores usi

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Recent statistics from the Insolvency Service show the number of enforcement outcomes obtained by the Insolvency Service continued to decrease, as did the director disqualifications.

Client had administrators appointed and I have been asked to prepare CT return for this period.

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Royal Bank of Scotland has hired PwC to help review whether the bank’s restructuring division forced viable businesses to fail.

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A decision by the UK’s Supreme Court about legal aid will help creditors get money they are owed after insolvencies but a government review of insolvency litigation may protect “rogue directors

The introduction of Real Time Information (RTI) has had a considerable effect on businesses and their Accountants.

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