Keep up to date with all the latest goings on at White Maund.
For many of us completing tax returns by the due date can seem a daunting task. The problem can become exasperated when you are also a manager of a care home responsible for looking after the wellbeing of vulnerable people. I can understand why care is given priority and why conflicts arise such as should […]
Pre-schools are bracing themselves for the government’s plans to increase free childcare places from 15 hours per week to 30 hours a week for three and four-year-olds. While this seems like a great initiative to help parents back into work, will it create an unsustainable funding gap for nurseries? At present, the government funds free […]
In conjunction with HM Treasury, the Insolvency Service has imposed a new fee structure for bankruptcies and compulsory liquidations which come into force on 21 July 2016. The objective behind the new fee structure is for the Insolvency Service to achieve full cost recovery. The Government estimates that the new fees will cost the creditor […]
So, it is now three weeks since the UK voted to leave the EU and the initial shock appears to be beginning to subside. The stock markets have recovered at least for the time being and the pound has stabilised against the US dollar albeit at a 30 year low. After a period of almost […]
Thanks to all those who came to our 5th annual Hack & Slack Golf Day and well done to White Maund’s Tom D’Arcy for winning ‘worst swing of the day’! The event caters for the occasional golfer without a handicap. We play Texas Scramble which helps the teams get round before dark as the hope […]
The cause of company failure is examined in every liquidation and directors can be disqualified for between 2 and 15 years where evidence of unfit behaviour is found. In addition the Insolvency Service can use powers under the Companies Act 1985 to wind up live companies which it finds are acting against the public interest […]
The Insolvency Service announced yesterday (30 March 2016) a new non Court process for dealing with bankruptcy applications which they believe will fast track appropriate cases and try to move away from the stigma of the old Court based system. Please see the attached link for more details. https://www.gov.uk/government/news/bankruptcy-applications-move-online-from-april Individuals with assets such as the […]
The statistics released today by the Insolvency Service show that in 2015, annual company insolvencies were at their lowest level since 1989, whilst insolvencies for individuals were at the lowest level since 2005. The decrease in compulsory liquidations (where the company is wound up through the court) was particularly marked, falling to the lowest figure […]
The latest insolvency statistics for England and Wales according to The Insolvency Service for Q3 of 2015 have recently been published. The government agency’s published figures for corporate insolvency show that 3,539 companies entered insolvency in Q3 a 10.2% fall on the same period in 2014. So what is the breakdown of these 3,539 insolvent […]
The word on the grapevine is that the UK’s economy is set to be the fastest-growing of the G7. Commodities are cheap, wages are higher than inflation and consumer confidence (and therefore spending) is on the rise. All good news then… Those of you indulging your new found “confidence” by skipping along to your local […]