The introduction of Accelerated Payment Notices (APNs) by the Finance Act 2014 remains one of the most talked about measures introduced by the UK tax authority to clampdown on what it considers to be tax avoidance.
Author: Robin Tarling
Articles by Robin
Company Voluntary Arrangements (CVAs) are an insolvency procedure designed to rescue a business through a re-structuring of its liabilities to creditors.
When it comes to a company entering into liquidation there are some important differences between the compulsory and voluntary routes, not least for the directors of the company.
Directors have a legal duty to ensure that their company is not trading whilst insolvent. But what does “trading whilst insolvent” really mean and how can it correctly be identified? This article provides an overview of the insolvency tests that can be applied to help company directors make an appropriate assessment of the situation.
We discuss the impact of intermediaries’ legislation (IR35) on contractors and their Personal Service Companies (PSCs).
When a director fails to fulfill their legal responsibilities, they run the risk of disqualification. The rules of disqualification are laid down in the Company Directors Disqualification Act 1986 (CDDA); the act is designed to restrict the abuse of the limited liability company structure.
We discuss overdrawn directors’ loan accounts (DLA) and explore how they can be a complex issue for Directors, especially if their company is insolvent and needs to enter an insolvency procedure.
Details of the proposed changes to company strike-off, through greater powers for the Secretary of State to investigate the conduct of Directors of dissolved companies.
The most significant changes to insolvency legislation (in England & Wales) in the last three decades were introduced on the 6th April 2017, aimed at modernising and updating present procedures.
Bridgewood is a trading style of Bridgewood Financial Solutions Limited (Company No: 06957765). Registered Office: Poynt South, Upper Parliament Street, Nottingham, NG1 6LF. Registered in England and Wales.
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Thomas Grummitt and Andrew Smith are licensed to act as Insolvency Practitioners in the UK by the Insolvency Practitioners Association. In carrying out all work related to an insolvency appointment, insolvency practitioners are bound by the insolvency code of ethics and are subject to the regulations and guidance of their authorising body. Details of the code of ethics, statements of insolvency practice and other regulations and guidance issued by the Insolvency Practitioners Association can be found here: