What can directors be held personally liable for?

When directors seek advice on their position in an insolvency, the main issues that advisors will normally talk about are those risks which arise specifically from the insolvency legislation, such as wrongful or fraudulent trading, and what the impact on them might be...

Home based business

At first glance, Paul Mellor’s recent Tribunal victory was nothing to write home about. Mellor, a self employed electrician living in Ruislip, successfully argued his home was his business base and won his appeal against an increased amendment to his self assessment,...

Small firms to feel rates pain

The FSB is concerned that small firms with empty properties could pay thousands extra in rates with changes to the exemption from paying empty property rates due to come into force from April. The exemption, introduced in 2009, meant that businesses with an empty...