Month: November 2019

With current ONS figures revealing the construction industry as a leader in UK insolvencies, CVR Global’s Jason Maloney digs deeper into the problem. while offering a potential glimmer of hope. The UK’s construction industry is huge with more than 325,000 registered businesses employing around 2.5 million people directly or indirectly – and like a lot …

Continue reading “Why UK’s construction crisis could have emerging foundations to build on”

CVR Global’s Bai Cham, an insolvency specialist on tax avoidance and disguised remuneration schemes, recently penned his thoughts on tax avoidance for Credit Strategy magazine following his involvement in a landmark court case. Tax avoidance has been HMRC’s Achilles Heel for decades, but a recent court case brought by CVR Global will have profound implications …

Continue reading “Landmark court case shows there is nowhere for tax avoiders to hide”

More companies across England and Wales are opting for voluntary rather than compulsory liquidation because of rising Government costs, an insolvency expert has said. The Insolvency Service’s report, published by the Government, showed company insolvencies increased slightly in Q3 2019 compared with Q2 2019. According to the report, the increase was primarily driven by a …

Continue reading “Economic uncertainty driving rise in insolvencies”