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.
Rising costs are squeezing businesses, but proactive planning around rates, staffing, cash flow and structure can protect profitability and help owners stay resilient in a challenging economic climate.
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.
A clear overview of how a Members’ Voluntary Liquidation works in 2026, outlining tax benefits, legal requirements, director considerations and the vital role an Insolvency Practitioner plays in a compliant, efficient company closure.
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.
A Manchester company has been shut down for acting as a front for unlicensed insolvency work, underscoring the need for businesses to use licensed professionals like Parker Walsh’s Molly Monks.
Strike off is a low-cost route to close a UK company when fully solvent. Confirm eligibility, manage risks, notify stakeholders, settle liabilities, handle assets carefully, file DS01, and monitor Gazette notices.