Why HMRC may focus its attention on certain companies to recover lost tax revenue, and as an accountant and business owner, what you should expect in a tax investigation.
Author: Tom Grummitt
Tom's focus is primarily on personal insolvency and on investigating the circumstances leading to insolvency, to ensure that creditor concerns around how an individual or business has operated prior to the onset of insolvency are alleviated.
Articles by Tom
Changes to UK insolvency law that came into force on 1st October 2015, give creditors a better insight into the fees charged by Insolvency Practitioners (“IPs”) over the life of a Creditor’s Voluntary Liquidation, Administration or Bankruptcy.
The number of people being declared bankrupt has reduced sharply in recent years, possibly because the threshold required for a creditor to issue a bankruptcy petition is £5,000.
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 is licensed to act as an Insolvency Practitioner 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: