Credit, Collections & Insolvency News
Businesses claimed back £11.5bn in overpaid corporation tax from HMRC last year, as Covid losses hit as the amount of overpaid corporation tax being repaid to businesses jumped 26% from £9.1 billion the year before according to analysis by UHY Hacker Young. The analysis says that businesses pay corporation tax based on forecast profits for…
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UK Finance has announced the appointment of Sophia Morrell as its new Director of UK Public Affairs. Morell is currently Political Adviser to Jonathan Reynolds MP, Shadow Secretary of State for Work and Pensions and will join UK Finance on 31st August 2021. Morrell, who was also Political Adviser to Reynolds when he was Shadow…
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New research has revealed that business leaders overwhelmingly believe the state of UK infrastructure is restricting economic growth nationally, locally and within their own organisations. The survey by audit, tax and consulting firm RSM shows that nearly 70 per cent of the 400 UK middle market business leaders questioned believe the UK’s infrastructure* is hindering…
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Deloitte’s latest CFO survey found more than half of UK finance chiefs have seen a full recovery in demand – or expect to by the end of the year – while more than three quarters now expect rises in capital expenditure. The survey found that spending by UK businesses is set to surge in the…
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The number of corporate insolvencies seen across the UK more than halved during the first six months of 2021, as the array of government Covif-19 support measures and a supportive lending community continued to help businesses trade their way through the pandemic. Analysis of notices in The Gazette by Interpath Advisory reveals that a total…
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