The Association of Business Recovery Professionals (R3) has launched a campaign seeking legislation change to prevent suppliers to companies which are subject to

ICAEW has issued a technical release on the maintenance of accounting records under the Companies Act 2006.

The Insolvency Service has published a consultation document on proposed reform to the regulation of insolvency practitioners, following the recommendations made last year by

A record number of people were declared insolvent in England and Wales in 2010 although the number of new cases fell in the last three months of the year.

According to a report in Accountancy Age, corporate insolvencies fell 24% across England in Q4 2010 compared to Q4 2009.  However, London and the South East saw the most dramatic decline with 37% and the rest of England saw administrations drop by 14%

Increases in the amounts payable under the Employment Rights Act came into effect on 1 February 2011 as follows:

Section 121C of the Social Security Administration Act 1992 provides HMRC with the authority to seek to recover from the directors or other ‘officers’ of the company any unpaid NIC

The latest PwC analysis into corporate insolvency numbers demonstrates that the level of insolvencies significantly declined during 2010. In total, 15,894 companies became insolvent in 2010 compared to 19,512 in 2009. Some 3,605 companies became insolvent in the fourth quarter of 2010 - a 6% decrease on the previous quarter and a 19% decrease in comparison to the same quarter of 2009.