One of the key points Philip Hammond delivered in his third Budget was the return of HMRC as a preferred creditor in insolvency cases. In 2002 the Enterprise Act removed HMRCs right as a preferential creditor and ranked it alongside unsecured creditors. At present, taxes paid by employees and customers are not always provided to […]
Read more...
White Maund are delighted to have raised £150.00 for their 2018 chosen charity Forward Facing. Forward Facing are a charity that help families and children across the South East, supporting children and young people with long-term illnesses or life-threatening conditions. It aims to help them forget their daily struggles, experience positive emotions, and make lasting […]
Read more...
R3 the insolvency practitioners’ insolvency body has reported that there has been a further increase in female personal insolvencies compared to men. The gender pay gap, as well as other stereo-typical gender roles in both business and family life are said to be behind this increase. The introduction of Debt Relief Orders has also played […]
Read more...
It has been reported that 2,764 construction firms entered insolvency in 2017/18, jumping 6% in just a year from 2,608 in 2016/17 This substantial rise in construction insolvencies can be seen as being partly due to the fall-out following Carillion’s liquidation in January 2018. Many of the reported insolvent firms were part of the supply […]
Read more...
White Maund held a seminar for accountants titled ‘Beating the Decline Curve’ on 2nd October at the Sussex County Cricket Ground. The seminar was well attended and consisted of a light breakfast followed by a detailed presentation covering the various stages of a business’ decline and the possible outcomes. The seminar then went on to […]
Read more...