A Review of Pre-Pack Sales Administration
On 29th March 2021, in response to mounting criticism of pre-pack sales in administration, the Administration (Restrictions on Disposal etc to Connected Persons) Regulations 2021, were made and come into force on 30th April 2021 and bring about significant changes to sales to connected parties in Administration.
Read full articleNew Temporary Tax Reliefs on Qualifying Capital Asset Investments from 1 April 2021
We have received several queries since the announcement on Budget Day on what the new temporary tax reliefs mean for businesses. Below we have answered some helpful questions.
Read full articleWeekly Update 29 March 2021
Wednesday 31 March, is the final deadline to apply for a number of support schemes including:
Read full articleChallenges for the hospitality and tourism sector post lockdown
The exit roadmaps have been published and businesses in Northern Ireland are beginning to get an indication of when they might be able to reopen.
Read full articleThe Return of the Crown Preference – An Update Three Months In
The reinstatement of HMRC as a secondary preferential creditor in insolvencies came into force on 1st December 2020.
Read full articleAn update on the Corporate Insolvency & Governance Act 2020 (“CIGA 2020”)
CIGA 2020 received Royal Assent on 25th June 2020 and consists of permanent measures to update the current UK insolvency regime and several temporary measures aimed at giving struggling businesses a lifeline during the fallout of the COVID-19 pandemic.
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