It seems an age ago now but when Glasgow Rangers Football Club went into administration there were a number of major issues that arose. One of those surrounded an Employee Benefit Trust (“EBT”) where players and staff were paid collectively almost £48 million in tax-free loans.Continue reading
Clocks forward or clocks back?
The month of October attracts one of the regular questions, “Do the clocks go forward or back?” This year, 1 October also brought in a raft of legislation where a similar question must be asked whereas do the amendments or new items of legislation take us forward or return us to previous ways of working.Continue reading
Problems in bringing solvent liquidations to a conclusion!!
Members’ Voluntary Liquidation (MVL’s) or solvent liquidations as they are commonly called, have been very common over the last few years. Continue reading
Female insolvency overtakes male for the first time
Figures from the Insolvency Service released in July have revealed that in 2014, for the first time, female insolvency rates have overtaken male insolvency.Continue reading