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Stopping tax clearances in members’ voluntary liquidations — insolvency practitioner bulletin 8 (2023)

What is changing As part of a process change, and with immediate effect, HMRC will no longer provide either or both pre and post tax clearances in members’ voluntary liquidation cases. Insolvency practitioners should now close cases without tax clearance subject to their professional judgement. This means any requests from insolvency practitioners for clearance already…

The Podcast Exchange Warns of Bankruptcy Protection

The Canadian advertising market has been in turmoil for some years, with local broadcasters and online media players cutting jobs and losing market share amid shifting advertising demand, marketing budget cuts and U.S. streaming giants with ad tiers increasingly dominating the domestic media space.   But now that volatility has reached the Canadian podcasting business,…

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