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New figures released by HMRC reveal a concerning rise in unpaid corporation tax among the UK’s small businesses, prompting claims that the tax authority has “lost control” of the sector.
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As of April 2025, employer NICs have risen to 15%, increasing financial pressure on businesses. Parker Walsh offers solutions like restructuring, CVAs, and administration to help companies adapt without closing. Act now for support.
A First Gazette Notice for compulsory strike off is a public notice from Companies House that the company will be dissolved unless overdue filings are made or valid objections are raised within two months.
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Preferential creditors, such as employees and HMRC, are paid before non-preferential creditors in insolvency, meaning they have a higher chance of recovering their debts.
