Company insolvencies fall in April

Company insolvencies in England and Wales fell by nearly a third (31.8%) in the month to April 2023, according to the latest figures from the Insolvency Service. In total, 1,685 companies were registered as insolvent last month, including 1,368 creditors' voluntary...

HMRC launches IR35 review

HMRC has launched a consultation that will run until June, focusing on the risks of double taxation in the IR35 system. Current legislation could change to offset tax payments by contractors who are accidentally charged as if they were sole traders. At the moment,...