Accounting Journal

Accounting Journal

Tax implications of company failure

Asif Patel's avatar
Asif Patel
Sep 17, 2024
∙ Paid

With interest rates falling, business growth should follow. While this is waiting to happen, companies continue to close. The latest statistics published by the Insolvency Service state that 'After seasonal adjustment, the number of registered company insolvencies in England and Wales in April 2024 was 2,177, 18% higher than in March 2024 (1,838) and 18…

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