We thought it would be useful to provide an alternative Budget summary from an IP’s perspective. The key highlights include: The key take-away is that HMRC are looking to clamp down on those businesses and individuals who fail to keep up to date with their tax affairs. This puts further pressure on struggling businesses.
Lincolnshire police force potentially faces the unenviable accolade of being the first police force to issue a notice under Section 114 of the Local Government Finance Act 1988 which effectively declares the police force bankrupt! Many local authorities have issued section 114 notices declaring themselves bankrupt but no police force has done so yet. Lincolnshire […]
Control Solutions & Pipework Services Limited – In Administration SEEK OFFERS FOR THE BUSINESS ASSETS AND STOCK Stainless Steel Hygienic Process Pipework Fabricator and Installer South-West Based DEADLINE FOR OFFERS 12 NOON ON 28 MAY 2025 Please contact the agents Gilbert Baitson on T: 01482 500 500 for further information.
The tax rate on qualifying gains for Business Asset Disposal Relief (BADR) will increase from 10% to 14% with effect from 6 April 2025. If you have any clients who are considering placing their companies into a solvent liquidation…time is running out and there is only 5 weeks left! Early engagement with an Insolvency Practitioner […]
Business, Assets and Stock For Sale
Trading premises: 2 Bontoft Avenue, Hull, HU5 4HF Designer, manufacturer and installer of bespoke depositors, transfer pumps, volumetric fillers, cake decorating systems, automated cake lines, multi-head depositors and bespoke food processing systems. For further information please contact the agents, Andrew Baitson info@gilbert-baitson.co.uk 01482 500500 Offers should be submitted via email by 12 noon on 26 […]
Andrew, John and the RNB Team wish you all a very Merry Christmas and a happy New Year. Our offices are open 27th – 29th December so if you do need to get in touch please feel free to give us a call!
The Christmas Elves have made an early delivery to Redman Nichols Butler. If you are in need of a “chocolate fix” prior to Christmas please drop us an email and the Elves (John or Andrew) will send some out to you…..
HMRC will shortly be informing the entire UK insolvency profession that they will no longer be giving tax clearance in solvent liquidation cases (“MVLs”). The notion of HMRC providing tax clearance in MVLs was based not on any legal or best practice obligation but rather a custom or unwritten consensus built up over time between […]
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