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Members’ Voluntary Liquidations – Countdown to 5 April 2026 and a 4% Tax Saving

The rate of CGT that applies to Business Asset Disposal Relief on the lifetime allowance of £1Million is currently 14% until 5 April 2026.  After this date it will rise
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HMRC – an involuntary creditor

In business, companies will enter into contracts or trade agreements with suppliers and customers by a matter of choice.  However, H M Revenue & Customs (“HMRC”) have no choice.  They
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Early bird catches the worm!

When a company or an individual is experiencing financial difficulties, it is vitally important that early advice is sought from trusted advisors which, generally,  improves the potential outcome for all
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Collaborating for Success

PBC Business Recovery & Insolvency are dealing with the Administration of the UK subsidiary of a very well-known coach company that was based in Belgium.  Apart from the usual office
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What is a prohibited name?

“My company is failing but there remains a viable core business that I want to save.”  At PBC we are hearing this scenario on an increasingly regular basis There are
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Former liquidator imprisoned

Many readers may take some pleasure at reading the headline, which relates to an Australian Insolvency Practitioner (“IP”) who was found guilty of extracting over AUS$2.5 million from insolvency estates.
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