Purnells News & Blog

House of Lords Report on HMRC’s Powers to Tackle Tax Avoidance

House of Lords Report on HMRC’s Powers to Tackle Tax Avoidance

Continuing on from my latest series of blogs regarding HMRC and their greater powers to tackle tax avoidance a recent House of Lords Report on HMRC’s powers to tackle tax avoidance makes interesting reading.

Posted: 04/03/2019

Purnells' New Guide To Members Voluntary Liquidations

Purnells' New Guide To Members Voluntary Liquidations

Here at Purnells we have released our "new" Guide To Members Voluntary Liquidations...

Posted: 16/01/2019

Directors Personally Liable

Directors Personally Liable

Tax Abuse and Insolvency & What to Expect in the Future.

Posted: 14/12/2018

HM Revenue & Customs ("HMRC") to Become a Preferential Creditor Again

HM Revenue & Customs ("HMRC") to Become a Preferential Creditor Again

It always used to be the case that HMRC were a preferential creditor and as such were next in line to receive dividends after secured creditors.

This changed in 2002 under the Enterprise Act and HMRC agreed to become unsecured creditors and rank side by side with other unsecured creditors. 

Posted: 22/11/2018

Purnells win at the Credit Awards 2018

Purnells win at the Credit Awards 2018

In May of this year Purnells won the award for Corporate Restructuring & Insolvency Team of the Year at the Credit Awards 2018, the national award ceremony for the credit industry.

 

Posted: 04/06/2018

Cashflow Issues following the Liquidation of Carillion

Cashflow Issues following the Liquidation of Carillion

The placing of Carillion into Compulsory Liquidation on the 15 January 2018 has come as a shock to many, with a lot of people believing that Carillion was too big to fail.

Posted: 18/01/2018

Liquidation versus Strike Off Application

Liquidation versus Strike Off Application

This blog looks at the benefits and drawbacks of the different procedures to bring the life of your Company to an end.

Posted: 10/02/2017

WRONGFUL TRADING & MISFEASANCE

WRONGFUL TRADING & MISFEASANCE

Hello and welcome back for this week's blog.

This week we will be looking at potential problems that Directors of insolvent Companies run into in their final months of trading, which all liquidators have a statutory duty to recover.

Posted: 28/10/2016

CVL - SHAREHOLDERS MEETING

CVL - SHAREHOLDERS MEETING

Hello and welcome back to this week's blog.

This week we are focusing on the shareholders meeting in a creditors voluntary liquidation.

Posted: 24/10/2016

COMPULSORY LIQUIDATION

COMPULSORY LIQUIDATION

Hello and welcome back to this week's blog.

This week we are focusing on the Compulsory Liquidations.

Posted: 14/10/2016

Appointment Of A Liquidator In A Compulsory Liquidation

Appointment Of A Liquidator In A Compulsory Liquidation

How a Liquidator is appointed in a Compulsory Liquidation

Posted: 30/09/2016

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