Having studied the latest figures from the Insolvency Service, Grant Thornton is predicting a glut of company failures in England and Wales during 2010.
Last year saw a record 4,161 companies placed in administration (up 1.7% on 2008) and the accountancy firm warns: “There is no light at the end of the tunnel for troubled companies [...]
HM Revenue & Customs (HMRC) has confirmed that the bank bonus tax will not apply to staff of non-banking firms such as insurers, assets managers and stockbrokers.
There were queries about which organisations would be affected by the 50% tax, which was announced the Pre-Budget Report, but it has been confirmed that it will apply [...]
Figures from HM Revenue & Customs show UK house sales falling back slightly in August, with volumes registering their first decline for a year.
Transactions for properties worth over £40,000 stood at 83,000 for the month, compared with 87,000 in July.
However, the August figure was 19% up on a year earlier and more than double January’s [...]
Latest figures from HM Revenue & Customs (HMRC) show a rise in the number of homes sold in the UK during May.
Transactions involving properties worth over £40,000 increased by 7% last month to 62,000 and were at their highest since October 2008.
However, they remained significantly below levels seen at the height of the housing market [...]