Phoenix Companies and HMRC have become a major focus for government enforcement activity. In November 2025, HMRC, the Insolvency Service and Companies House announced a joint strategy to tackle what are described as contrived insolvencies; situations where businesses...
Choosing the best business structure to save tax is not just about picking the lowest tax rate. Sole traders and limited companies are taxed in different ways, and the right answer depends on profit, National Insurance, Corporation Tax, salary, dividends, cash needs...
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