I have recently come across two limited companies (not connected) who had relied on their bookkeepers to complete VAT returns and make sure that the Pay As You Earn (“PAYE”) was paid on time. In both cases, the bookkeepers seemed too scared to tell the stressed directors what arrears were building up. This meant that […]

Since the 1st March 2012, any solvent liquidation (members voluntary liquidation or “MVL”) with assets of more than £25,000 needs to be liquidated by a licensed insolvency practitioner to qualify for entrepreneur’s relief.

Prior to that date the distribution of assets could be done informally without the need to actually liquidate.

Hosted by the South Western Society of Chartered Accountants (SWSCA) this one day insolvency course takes place on Thursday 18th September at Sandy Park Conference Centre and is an opportunity for insolvency practitioners to gather and discuss some of the key insolvency issues facing businesses today.

In the past, having to consider a company’s pension scheme has rarely applied, so it’s a simple box to tick on our ‘to do’ list of statutory duties. However with the recent Auto -Enrolment changes to the law, it is more likely that pension schemes will be in place for a lot of the companies that we deal with