The upcoming Budget may reduce the VAT threshold, increase dividend tax, and raise CGT. These changes could pressure small businesses, reduce take-home income, and accelerate MVLs before April 2026.
The CBI has warned that prolonged uncertainty and potential tax hikes under Chancellor Rachel Reeves are eroding business confidence, with firms delaying investment amid fears of a deepening economic slowdown.
Insolvency expert Molly Monks told the Manchester Evening News that Manchester Pride's collapse is due to rising costs. She stressed that early financial intervention and restructuring are crucial steps to help the vital LGBTQ+ event rebuild stronger.
Licensed Insolvency Practitioner Molly Monks of Parker Walsh has been featured in the Daily Star, sharing expert insight on why major high street retailers collapsed and the lessons directors can learn.
The Co-op warns that 150,000 jobs and 60,000 small shops could disappear without urgent reform of business rates. With the Autumn Budget approaching, pressure is mounting on the Government to act.
An overdrawn director’s loan account can create personal liability during liquidation. This guide explains how it’s treated, tax implications under section 455, set-off options, and steps to minimise risk before a CVL.
A Company Voluntary Arrangement (CVA) and a Time to Pay (TTP) arrangement with HMRC are both mechanisms to help a business manage debt, but they differ significantly in scope, formality, and impact.
The British Chambers of Commerce has warned that UK businesses cannot withstand further tax increases, urging Rachel Reeves to prioritise stability as confidence falls and employers delay hiring amid economic uncertainty.
Insolvency expert Molly Monks of Parker Walsh offers professional insight into the £122 million PPE Medpro court ruling, explaining the company’s insolvency status and potential personal liabilities for those involved.