HMRC has announced that form IHT100 can now be submitted unsigned in a further relaxation of its procedures to combat the challenges faced by many during lockdown. Whilst a welcome change for many individuals, to reduce the risk of fraud HMRC should be cautious about being too flexible.

2 minutes

Businesses in some sectors are increasingly turning to vouchers to ease their coronavirus cash flow predicament. However, it is just as important to navigate the potentially hazardous VAT implications.

4 minutes

The Government intends to amend UK insolvency law in the wake of coronavirus, to relax the wrongful trading rules from 1 March 2020 for three months. Although this has still not become law, directors need to be mindful of other duties which can give rise to personal liability for directors and officers if their business is insolvent. HMRC will take a close interest in what happens.

4 minutes

With thousands of businesses facing the prospect of insolvency over the next few months, investors in unlisted companies will be counting the cost to their hard-earned savings as the value of their shareholdings plummet. So how and when can investors best utilise their losses?

3 minutes