Recovery and Insolvency Services

News

HMRC loan charge scandal - and so it continues

Wednesday, 20 Mar 2024 by Webmaster

The loan charge scandal: my story by Chris Knight

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Company insolvency statistics for Scotland – February 2024

Tuesday, 19 Mar 2024 by Webmaster

Total corporate insolvencies in Scotland in February 2024 consisted of:

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Following years of frustration with their response times, HMRC has taken sudden and decisive action. Helpful action? No, not that.

Saturday, 10 Feb 2024 by Webmaster

Insolvency practitioners (“IPs”) often have to contact HMRC.  For the smaller size of cases we deal with at CS Corporate Solutions, there are simply no alternatives.  In solvent liquidations, interest calculations have to be agreed and until HMRC’s unprovoked announcement in December, tax clearance had to be obtained.  And in insolvent liquidations, claims have to be agreed and pre-insolvency corrections (including the treatment of deliberate ‘errors’) often need HMRC input.

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Company insolvency statistics for Scotland – January 2024

Friday, 9 Feb 2024 by Webmaster

The Accountant in Bankruptcy, Scotland’s Insolvency Service, administers company insolvency in Scotland.

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Merry Christmas - office closed for Christmas and New Year

Tuesday, 12 Dec 2023 by Webmaster

CS Corporate Solution's Stonehaven office closes on Thursday 21 December at 12:30pm and re-opens on Monday 8 January at 9.00am.

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Revised opening hours from December 2022

Wednesday, 30 Nov 2022 by Webmaster

Revised opening hours - from December 2022

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COVID-19 - the new normal

Monday, 23 Mar 2020 by Webmaster

Coronovirus (COVID-19) continues its rapid spread and we all need to think about the precautions we should be taking.  At CS Corporate Solutions, some of us are now working from home, so there are likely to be fewer people in the office.  Atr times there maybe no-one.  We are not having face to face meetings as we can do most things by email, telephone and using our secure website.

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COVID-19: the new normal

Friday, 13 Mar 2020 by Webmaster

Coronovirus (COVID-19) continues its rapid spread and we need to think about the precautions we should be taking.  At CS Corporate Solutions, we are trialling "working from home", so there are likely to be fewer people in the office.  Please consider if meetings with us are essential.  We can do most things by email, telephone and using our secure website.

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IR35 and the future of Personal Service Companies

Friday, 24 Jan 2020 by Webmaster

With Budget Day now fixed for 11 March 2020, there isn’t going to be long between then and the IR35 reforms kicking in on 6th April 2020.  There is still some hope that the implementation will be delayed for a proper review, but what if…

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Change cometh - the new Scottish rules

Monday, 11 Mar 2019 by Webmaster

The new Scottish insolvency rules are about to arrive, with the biggest change north of the border in over 30 years.

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Dividends, documentation and downright disasters

Thursday, 12 Jul 2018 by Webmaster

The arrival of a Technical Bulletin from ICAS is a warning that whilst "low salary, high dividends" is often the best way to extract funds from your limited company, there are still hoops that need to be jumped through with dividends, as there are with PAYE.  There are two types of dividend - interim ones that are paid by the directors, and final ones that are declared at a meeting of members.

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GDPR and other hocus pocus

Friday, 25 May 2018 by Webmaster

GDPR Compliance Statement

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Duffus soakaway

Tuesday, 16 May 2017 by Webmaster

We are in the process of selling a house at Duffus, near Elgin.

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2016 last quarter insolvency statistics

Tuesday, 31 Jan 2017 by Webmaster

The number of Scottish registered companies becoming insolvent or entering receivership marginally decreased in the third quarter of 2016-17, with 209 companies becoming insolvent compared with 218 in the previous quarter.The number of members’ voluntary liquidations (solvent liquidations) increased from 106 to 151.

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Festive opening hours

Thursday, 22 Dec 2016 by Webmaster

Best wishes for a Merry Christmas and a happy and healthy New Year.

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SC432657 Rhino Studio Limited - (In Liquidation)

Monday, 18 Jan 2016 by Webmaster

Rhino Studio Ltd - the Aberdeen web design company - has today ceased trading and gone into Creditors Voluntary Liquidation.

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Looking to the future; grateful for the past

Thursday, 31 Dec 2015 by Webmaster

How was your Christmas? We hope Santa was good to you! After you had your fill of presents and TV, had eaten your fill of turkey, and watched the Queen’s Speech, what else could you have done on Christmas Day but file your tax return?

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Loss of Coherence

Wednesday, 2 Sep 2015 by Webmaster

A new Scottish bankruptcy bill is promising to put an end to the loss of coherence.

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Challanging times for oil and gas contractors

Wednesday, 1 Jul 2015 by Webmaster

These are challenging times for contractors in the oil and gas business, and whilst there have been some encouraging signs the indications are that the road to recovery will be a long and troubled one.

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The Bankruptcy and Debt Advice (Scotland) Act 2014 - now in force

Wednesday, 1 Apr 2015 by Webmaster

The Bankruptcy and Debt Advice (Scotland) Act 2014 comes into force today.

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