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    The beginning of December saw the return of preferential creditor status for unpaid PAYE, NIC and VAT owed to HMRC when a company goes into an insolvency procedure such as a CVA (company voluntary arrangement), administration or liquidation. Whilst the payment over to HMRC of tax deducted by a business is clearly essential to financing […]
    Four members of the team at Hay & Kilner Law Firm are moving up the career ladder after securing promotions. Sara Malik, Sophie Moss and Ben Jackson, who work in the firm’s dispute resolution, clinical negligence and corporate & commercial teams respectively, have all been promoted to associate solicitor roles, while Kerry Kelso has moved […]
    A North East entrepreneur has driven away from the motor retail business he’s run for more than three decades after selling it to a national retailer. The Hodgson Motor Group’s Toyota, Mazda and Suzuki dealerships at the Metrocentre in Gateshead and Silverlink in Newcastle, have become part of the Doncaster-headquartered Stoneacre Motor Group after managing […]
    The Corporate Insolvency and Governance Act, which includes the biggest changes to the restructuring and insolvency framework in a generation, has recently been introduced as part of the Government’s response to the Covid-19 pandemic. The new reforms are intended to minimise the financial damage caused to struggling companies, their creditors and employees, and to help […]
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