Financial Impact

HMRC penalties and interest are increasing
HMRC penalties and interest are increasing

HMRC penalties and interest are increasing

From April 2025, HMRC has not only raised the rate of interest it charges on late tax payments but also the penalties are becoming more severe. For business owners and…

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758 513 Nathan Brady
Explaining pre-pack administration
Explaining Pre-Pack Administration

Explaining pre-pack administration

When a business has entered insolvency (a financial situation when a company is unable to pay its debts), pre-pack administration will play a key part in its closure. It enables…

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758 513 Nathan Brady

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