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Talk Insolvency

This page is a news portal for the insolvency sector and insolvency practitioners regulated by ICAEW. From here, you will also be able to access the range of insolvency webinars created by ICAEW.

Announcements

Update from the VAT426 Team

13-10-2021

Announcement about issues, caused by movement of work and redeployment of HMRC staff to man COVID helplines, and the ongoing work to progress cases and payments to IPs.

End of temporary insolvency measures

14-09-2021

The new legislation will: Protect businesses from creditors insisting on repayment of relatively small debts by temporarily raising the current debt threshold for a winding up petition to £10,000 or more; Require creditors to seek proposals for payment from a debtor business giving them 21 days for a response before they can proceed with winding up action. These measures will be in force until 31 March 2022.

September 2021: new updates from HMRC

14-09-2021

HMRC has provided new guidance on the payment of Corporation Tax for unincorporated associations and clubs, funded pension schemes and IP appointments.

HMRC update on service levels

01-09-2021

HMRC have provided an update on the service delays that have been affecting IPs as a result of a new IT platform and the delivery of COVID support schemes.

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Further resources

Become an insolvency practitioner with ICAEW

You don’t have to be an ICAEW Chartered Accountant to qualify and be licensed as an insolvency practitioner (IP) with ICAEW. We offer a comprehensive programme of support for insolvency practitioners.

Insolvency News

Insolvency News is an update produced by ICAEW's professional standards team. Here you’ll find the latest regulatory information and resources.

Restructuring & Insolvency Community

Joining the Restructuring & Insolvency Community will give you support that really pays off. Led by a committee of dedicated specialists, we provide guidance, support and representation to insolvency practitioners. Best of all, it’s free to all those IPs licensed by ICAEW.

Support for insolvency practitioners

Practical guidance for insolvency practitioners, including the latest information on SIPs, helpsheets, and sector news, as well as support on how to market your practice.