Minimum wage increases from April 2026 will raise staffing costs for many businesses, particularly those employing younger or lower-paid workers, placing pressure on margins, recruitment decisions and long-term workforce planning.

Business rates reform from April 2026 introduces permanent relief for hospitality and leisure businesses, but careful planning is essential to manage revaluation impacts and rising operational pressures.

This article explains HMRC debt escalation, enforcement risks, and when directors should consider a Company Voluntary Arrangement (CVA) or Creditors’ Voluntary Liquidation (CVL), featuring expert insights from insolvency practitioner Molly Monks.

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.

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.

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.

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.