Posted By: Bretts Business Recovery Ltd on 16th April 2018
The Christa Ackroyd v HMRC tax case is a typical IR35 case and sets a precedence, as this is the first ruling under this legislation in seven years. In this case, HMRC claimed that the IR35 regulation applied and that a BBC presenter should be...
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Posted By: bretts_admin_access_account on 13th November 2017
We recently reported how in our experience we have seen HMRC increasingly use its powers to pursue directors personally to recover revenue. Schedule 41 of the Finance Act allows HMRC to seek recovery of lost revenue personally from an officer of...
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Posted By: bretts_admin_access_account on 12th June 2017
John Barrie Wilson, a solicitor has been suspended indefinitely after breaching conduct rules by preferring his bank as a creditor over HMRC (Her Majesty’s Revenue & Customs), leaving the Exchequer a shortfall of hundreds of thousands of...
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Posted By: bretts_admin_access_account on 18th April 2017
A Director from a civil engineering and plant hire firm in Northern Ireland has been disqualified for six years in respect of his conduct as a director. Michael Fleville & Sons plant hire entered liquidation on 18 July, 2014, with estimated...
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Posted By: bretts_admin_access_account on 27th February 2017
Business rates in the UK, Wales and Scotland are all up for revaluation. At revaluation, the government adjusts the value of business rates to reflect changes in the property market. It usually happens every 5 years. The most recent revaluation...
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Posted By: bretts_admin_access_account on 11th January 2017
A director from an Indian Restaurant from the famous London Brick Lane district has been disqualified from acting as a company director for eight years after failing to provide proper accounting records. Mr MD Taj Uddin, 37, was the director of...
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Posted By: bretts_admin_access_account on 21st November 2016
An accountant has failed in an appeal against a three year disqualification. The director was banned from being a company director after he paid trade creditors but not HM Revenue and Customs (HMRC) when his business went into...
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Posted By: bretts_admin_access_account on 23rd September 2016
In conjunction with HM Treasury, the Insolvency Service has imposed a new fee structure for bankruptcies and compulsory liquidations which came into force on 21 July 2016. The objective behind the new fee structure is for the Insolvency Service to...
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R3 Comments – Vast majority of British businesses brush off Brexit vote
Posted By: bretts_admin_access_account on 21st November 2016
R3 the trade body for insolvency practitioners has conducted a UK business survey which indicated the majority of UK businesses are managing to brush off the effect of the Brexit vote. Andrew Tate, president of R3, says: "The immediate shock of...
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