Employment law and Covid: Over half of UK workers want to change career path following the pandemic. As the world of work opens up again and lockdown restrictions lift, many people are considering a change of occupation. The break in normality caused by Covid-19 gave many workers the chance to consider their direction in
New law aims to close loophole on company dissolution The government is set to introduce new rules preventing company directors from avoiding personal liability for their unlawful conduct. A loophole currently exists that allows company directors to prevent an investigation into their actions by informally striking off their own company. The so-called dissolution loophole
The treatment of director’s loan accounts in administration or liquidation: Can DLAs be reclassified as remuneration? A recent case has highlighted the dangers of the treatment of a Director’s Loan Account (“DLA”), and the risks to directors of trying to re-categorise their DLAs as salary payments. This can mean that the information previously provided
