Budget changes could spark solvent company closures

Budget changes could spark solvent company closures

A reduction in Capital Gains Tax relief from April 2027 could encourage business owners contemplating retirement or company closure to bring forward their plans. For those with substantial reserves, acting early could make a significant financial difference. The...
Max Wingham joins Buchler Phillips

Max Wingham joins Buchler Phillips

Buchler Phillips is delighted to announce that Max Wingham has joined the firm as a Junior Insolvency Analyst, strengthening its corporate recovery, restructuring and turnaround team. Max joins from Turpin Barker Armstrong, where he gained more than two years’...
Letter from London: Burnham’s First Budget Analysed

Letter from London: Burnham’s First Budget Analysed

The new personalities at the summit of UK politics have apparently decided that the unsavoury task of fully and transparently funding next year’s spending review may safely be put off for a few more months. As a result, the overriding theme of yesterday’s budget was...
Winding-up petitions are not debt collection tools

Winding-up petitions are not debt collection tools

A recent High Court ruling has reinforced an important distinction between recovering an unpaid debt and using insolvency proceedings to wind up a company. Even where money is unquestionably owed, creditors may find that a winding-up petition is not an appropriate...