This Week’s Jog Through The Blogs
This jog through the blogs gets out of the starting blocks at the little insight into How To Avoid Furlough Penalties arising from the risk of Furlough claims being investigated. How might you deal with matters if you are singled out by one of the 1,000 plus HMRC investigators that might be available to trawl with alacrity through your payroll records?
Then we shifted into some more HMRC related matters but this time the focus was on business expenditure which was Wholly And Exclusively For The Trade. This post looked at a remuneration scheme that was not considered to be effective for the purposes of being tax deductible. This resulted in HMRC discovery assessments, Regulation 80 Determinations and Section 8 Decision Notices.
As the week progressed we got stuck into a messy matter, involving the case of the Disqualified Meat Wholesaler Sentenced. The Director failed to deliver up the book debt ledger to enable the Liquidator to recover sums seemingly into £120,000 that sprouted on the Statement of Affairs as an asset of the company that had gone into Creditors Voluntary Liquidation causing the Director to receive a suspended prison sentence.
Finally, we dived into the case of the villa in Spain that led to a Bankrupt Sentenced After Concealing Property. The Bankrupt received a 16-month sentence, suspended for 12 months, having been charged with 3 counts against the Insolvency Act 1986.
Sprinting Through The Socials
Sprouting on the socials was a reference to the Court Of Appeal’s decision after a renewed challenge to a Liquidator’s assignment of a claim that caused consideration of When Will The Court Control A Liquidator?. It highlighted the perversity test, sparking the observation:
Until the next jog through the blogs…
Are you a creditor looking to recover your money?
If you are a creditor of an insolvent company or a bankruptcy, Oliver Elliot can help you. We Know Insolvency Inside Out.
Share This Page!
What Next?
Expert Advice Is Just A Click Away
If you have any questions in relation to Jog Through The Blogs then contact us as soon as possible for advice. Oliver Elliot offers a fresh approach to insolvency and the liquidation of a company by offering specialist advice and services across a wide range of insolvency procedures.
Our expertise is at your fingertips.
Disclaimer: Jog Through The Blogs
This page Jog Through The Blogs is not legal advice and should not be relied upon as such. This article Jog Through The Blogs is provided for information purposes only. You can contact us on the specific facts of your case to obtain relevant advice via a Free Initial Consultation.
Recent Posts / View All Posts
