Meat Supply Company Enters Administration

A company that supplies meat to a variety of businesses, including hospitality, catering, schools and care homes, has gone into administration following an investigation by the Food Standards Agency (FSA). 

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Is the Debt Arrangement Scheme still relevant?

It could be argued that the Scottish Government’s Debt Arrangement Scheme (DAS) has had its day.

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Report Reveals Fall in Scottish Corporate Insolvency Numbers

There has been a fall of 3.8% in the number of corporate insolvencies in Scotland in the third quarter of 2017/18, according to the latest figures from Scotland’s Accountant in Bankruptcy (AiB). 

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LITRG warns newcomers to self-assessment to budget for their first tax bill:

As the self-assessment deadline looms on January 31st January, the Low Income Tax Reform Group (LITRG) is warning newcomers to self-assessment to budget for payments on account (POA). The warning has been issued after countless first-timers found themselves in difficulty in previous years because they simply hadn’t accounted for the payments, which you must make towards the following year’s income tax (and National Insurance Contributions where appropriate). These are payable only where a tax payer has a tax bill in 2016/17 for more than £1,000.

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Fall in Number of UK ‘Zombie Businesses’

There has been a fall in the number of so-called 'zombie businesses' in the UK, according to new research by R3, the insolvency and restructuring trade body. 

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