Georgina Kyriacou

Rishi Sunak’s ‘mini budget’

By Georgina Kyriacou

· The chancellors announcement on the 8 July provided a series of incentives and schemes to further help struggling companies and to support the UK’s economic recovery from COVID-19. ·…

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The Corporate Insolvency and Governance Bill

By Georgina Kyriacou

· The Corporate Insolvency and Governance Bill is said to be the ‘biggest change to the UK’s insolvency and restructuring framework for almost twenty years. · In line with this,…

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First details of how businesses will share cost of furloughed workers announced.

By Georgina Kyriacou

• Rishi Sunak has announced updated details of the furlough scheme, including how employers will share the cost of the wages of furloughed workers with the government. • From July,…

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Corporate Insolvency and Governance Bill introduced to help businesses during pandemic

By Georgina Kyriacou

• The Department for Business, Energy and Industrial Strategy (BEIS) announced the introduction of the new Corporate Insolvency and Governance Bill on Wednesday 20 May. Under the Bill: • Temporary…

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UK furlough scheme extended by four months

By Georgina Kyriacou

Chancellor Rishi Sunak announced that the UK Job Retention Scheme will be extended to October, an extra four months. Employers will therefore continue to receive 80% of their monthly wages,…

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Self-Employment Income Support Scheme details released

By Georgina Kyriacou

· HMRC have now updated their guidance on the SEISS scheme. · Under the scheme, if you are eligible, a taxable grant of 80% of your average monthly trading profits…

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Government announces Bounce-back Loans Scheme

By Georgina Kyriacou

• On 27th April, Chancellor Rishi Sunak announced the new Bounce Back Loans scheme that will provide loans of up to £50,000 to small businesses. • The fast-track finance scheme…

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Budget 2018: Entrepreneurs’ Relief

By Georgina Kyriacou

In the October 2018 Budget the Chancellor announced two new changes to the definition of a personal company for Entrepreneurs’ Relief (ER). For disposals on or after 29 October 2018,…

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Bankruptcy order annulled following appeal against dismissal of application and refusal to adjourn hearing on uncontested medical grounds.

By Georgina Kyriacou

The bankrupt first applied to annul his bankruptcy order during protracted bankruptcy proceedings in the county court. He then requested an adjournment of the hearing of his application on medical…

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European Court of Human Rights emphasises necessity for court to adequately comply with obligations under Article 8

By Georgina Kyriacou

The European Court of Human Rights has concluded that a Hungarian father’s (F’s) rights under Article 8 of the European Convention of Human Rights were breached. After F made more…

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