Throughout 2022, government support after the pandemic has steadily started to get phased out. As such, there has been an increase in insolvencies throughout the country, and this is expected to continue for the back end of 2022 and during the first half of 2023 as well. GDP across the country is expected to slow [...]
When you are a limited company, your organisation is going to be responsible for paying corporation tax on the yearly profits that you bring in. These taxes can be quite high, but you will be happy to know that there are a number of different ways you are able to reduce your final tax bill. [...]
The rules that surround your benefits and inheriting money can be somewhat confusing. If you have recently inherited some money and are wondering whether or not it will affect your benefits, then you’re in the right place. The truth is that it might, but this all depends on the kind of benefit you’re claiming. Inherit [...]
There are some insolvency cases that, due to the nature of the insolvent company, or the complexity of the case, become notable in history. The benefit of notable insolvency cases is that future insolvency practitioners (IPs) have the opportunity to learn from them. So, let’s take a look at the top 5 notable insolvency cases [...]
In June 2020, the Corporate Insolvency & Governance Act 2020 (CIGA) became law which introduced a new restructuring procedure for businesses. To support businesses in finding a way to recover rather than go through an insolvency process due to the pandemic, CIGA incorporated the Restructuring Plan, which gave companies that were struggling financially an alternative [...]
Recently the Bank of England (BoE) reported that total corporate debt had risen by around 6% over the past two years in the UK. Their figures also revealed that small and medium-sized (SME) businesses carried more of the burden – by as much as a third – than larger listed businesses, principally because they were [...]
Suppose you are closing a solvent business through a Members’ Voluntary Liquidation (MVL) process and selling the business’s assets. In that case, you will be liable to pay Capital Gains Tax (CGT) on the profits of all qualifying assets that are sold. However, you may be eligible for tax relief on CGT, which was called [...]
Leading has acquired the wills and probate business of London law firm Waller Pollins Goldstein t/a WPG Law. The business will be merged with Norfolk Will Writing, the estate planning arm of Leading. Norfolk Will Writing provides will writing, LPAs, probate and estate administration services. WPG Law closed after being unable to renew its professional [...]
Leading has acquired the will writing and probate business of Notary Express, the conveyancing and will writing firm based in Norwich with satellite offices around the UK. The business will be merged with Norfolk Will Writing, the estate planning arm of Leading. Norfolk Will Writing provides will writing, LPAs, probate and estate administration services. Notary [...]
Leading have acquired the long-standing and trusted estate planning business, Norfolk Will Writing Services. The acquisition has seen the existing team of three join Leading and Norfolk Will Writing's director and founder, Robin Colton, retained as a consultant. The team are supported by four new business support roles at Leading and see the [...]
