The Latest Changes in the Insolvency Profession… The Insolvency Profession has seen a whole raft of changes to legislation and guidelines being introduced and proposed in recent months and therefore below is a brief summary of each of the changes and how it may affect you or your client:- Estimates of Fees – Insolvency…
Should You Go Into A CVA? As my last article touched on the high failure rates of CVA’s, it would be fair to assume that you may believe that I am against the process completely. However, whilst I am not generally a fan of CVA’s as the primary insolvency process to turnaround failing businesses, I…
CVA FAILURES – Causes & Solutions Despite the CVA process not having changed much for years, CVA’s are still very popular as an insolvency process for allowing an insolvent business to continue to trade whilst also buying time with creditors. However, for many reasons, the numbers of CVA’s that are actually completed as proposed…
Solvent Liquidations – Pricing & Immediate Distributions Due to the huge interest we received at AAT’s Annual Conference, where our solvent liquidation pricing and process was given a lot of praise, this month’s headline article summarises solvent liquidations (MVL’s). What are Solvent Liquidations? A solvent liquidation (or MVL) is the process which is used by…
AAT Annual Conference 2015 – Insolvency Practitioner Last week was a busy one for Bridge Newland, after having exhibited at AAT’s Annual Conference 2015 and as Insolvency Practitioners in the world of tax, accounting compliance and software I can certainly say that we learnt a lot at the show. It was our second time exhibiting at…
Director Disqualification Stats 2014/2015
The Latest Liquidation Statistics by Industry for Q4 2014 Add this infographic to your website or blog, just copy the code from below. <a href=”http://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-liquidation-statistics-by-industry-for-q4-2014″ rel=”publisher”><img class=”aligncenter size-full wp-image-3079″ src=”http://www.bridgenewland.co.uk/wp-content/uploads/2015/05/Q1_2015_CVL.jpg” alt=”More about Liquidations” width=”500″ height=”1826″ /></a>
The Latest Administration Statistics by Industry for Q1 2015 Add this infographic to your website or blog, just copy the code from below. <a href=”http://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-administration-statistics-by-industry-for-q1-2015″ rel=”publisher”><img class=”aligncenter size-full wp-image-3079″ src=”http://www.bridgenewland.co.uk/wp-content/uploads/2015/05/Q1_2015_administration.png” alt=”More about Administrations” width=”500″ height=”1826″ /></a>
Commercial Property in Insolvency and the Option to Tax Supplies of land and buildings, including freehold sales, leasing and renting, are normally exempt from VAT. Whilst no VAT is payable on supplies, the person making the supply cannot benefit from the recovery of input VAT on their own expenses. However, if the Option to Tax…
Landlords, Tenants and Liquidation My tenant is going into liquidation – what rights do I have? Liquidation is the process of winding up a company’s affairs when it has ceased to trade, and realising and distributing its assets to creditors. A company can go into liquidation voluntarily, where the directors decide that liquidation is appropriate,…
