insolvency | AccountingWEB

insolvency

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.

Lloyds Bank “artificially distressed” small business customers after they were transferred to a support unit as banks tried to strengthen their own balance sheets after the financial crisis, it

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New national statistics showing a continued decline in corporate and personal insolvencies across the country for the last quarter of 2014 have been welcomed showing a positive improvement for indu

I imagine IPs will all be aware that ICHU (Insolvency Claims Handling Unit) has been shuffled around HMRC's end, with new offices dealing with different things.

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In August 2014, my company won a county court small claim judgement plus costs against a company for approx £2600. The company has subsequently sent me the following letter:

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In the latest in the series of video casts taken from the recent 2014 ICPA Conference F.A. Simms’ MD  Richard Simms FCA presents “Insolvency Update”

Hi, 

I am the Chief Accountant for a company that is going into administration. We became insolvent due to a major supplier taking its business away from us.

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An accountant has been banned from being a company director for 11 years after the two businesses he was a director of collapsed, owing tax of more than £250,000.

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As the government raises the issue of veto power over pre-packs contingent on the failure of measures proposed by the Graham Report, Eric Walls, director of turnaround and inso

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