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BRI Business Recovery and Insolvency

We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty

Monthly Archives: July 2019

The Company is Limited but is my liability?

10 July 2019: Most company directors will have the belief that by setting up a limited company they will have set a limit on their own liabilities. However, a decision in a recent court case resulted in the directors of a company being found liable for creditor claims in tort due to their actions...
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HMRC claim small businesses owe £14bn in taxes.

2 July 2019:  We last reported that the government is proposing a two month breathing space to struggling debtors. It has now also been reported that small businesses owe HMRC £14bn in taxes. The amount of uncollected tax has hit £35bn, with small businesses accounting for the largest percentage of the tax gap at £14bn...
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