This article should be read if you have taken out a Government Guaranteed loan or received furlough payments. Our advice is “Be Prepared” Back in April 2020 everything started to change. The government threw huge sums of money at the pandemic and we all became acquainted with words like furlough and bounce back and acronyms CJRS, CBILS, […]
Company Voluntary Arrangements (CVA’s) in the retail and leisure sectors continue to make the news as the high street adjusts to Covid-19 and changes in consumer behaviour. Voluntary arrangements can be very flexible, allow existing management to remain in control and offer shareholders the prospect of real value once the CVA is completed. Over the last few[…]
Back in the Autumn Budget of 2018 the government announced its intention to reinstate the preferential status of HMRC. It estimated that this would raise £180m for the Exchequer. Over the last two years the Insolvency profession has been lobbying the government to reconsider. Regretfully these protests have been ignored. The Finance Bill 2020 received Royal Assent[…]
