If you own a company and you are currently going into liquidation then you are likely worried and confused about the process as a whole and the implications that it has on both you and your employees. It can be quite an anxious time with a large amount of uncertainty left in the future; however, [...]
It’s an interesting period in company law at the moment as Marks & Spencer has recently teamed up with the Quoted Companies Alliance (QCA), the UK Individual Shareholders Society and also the UK Shareholders Association (UKSA) to amend the Companies Act 2006 which they claim to be “outdated.” They plan to try and strengthen the [...]
The pandemic was unlike anything that people have seen in their lifetime. Individuals and businesses were impacted more than ever in recent years, as countries had to shut down completely to slow down the spread of the coronavirus. There were loans implemented which helped organisations through times of hardship; however, these loans were abused by [...]
As the Cop27 climate conference takes part in Egypt throughout November, there are a lot of businesses out there asking what it could mean for them. There are also questions surrounding what has changed since the Cop26 conference in Glasgow. Why Cop26 Was So Important One of the main things that came out of the [...]
When you die, you will want to make sure that your estate will go to the right people, be it your spouse, children, or other family members and friends. Inheritance tax can really take a chunk out of your estate and reduce the amount available to be passed on, as was seen this past year; [...]
When you die, you will want to make sure that your estate will go to the right people, be it your spouse, children, or other family members and friends. Inheritance tax can really take a chunk out of your estate and reduce the amount available to be passed on, as was seen this past year; [...]
Last month Rishi Sunak’s wife, Akshata Murty, was plunged into a tax controversy due to her non-domiciled status in the UK. The Chancellor’s wife was considered to allegedly have avoided paying UK tax on her income and faced a lot of criticism for her decisions. The issue is based on two main aspects; one, that [...]
The Companies Act 2006 is legislation that governs companies in the UK in just about every way a company is managed, run and financed. It took over from the Companies Act 1985 and was implemented in stages, the last starting in 2009, and provided public and privately run companies in the UK with common corporate [...]
In recent days, IR35 has come back into the spotlight after a legal case was concluded involving a former BBC presenter and clients should urgently review their service company structure. If a change is required, clients should consider a solvent winding up (a members’ voluntary liquidation) to enable the shareholders to withdraw their funds in […]
