News

31 May 2022 sees a significant date in the PSB calendar…..our colleague Ian Brown is set to hang up his professional boots and move on to pastures new and a life of retirement.

Happy New Year from all at PSB - we hope you had a healthy and happy break over the festive period. Our latest newsletter covers why accountants and other professional advisors are so important in spotting the early signs of financial difficulty for businesses and individuals and what they can do to help.

Our Chester office is moving

Happy New Year - we hope you and your family had a nice Christmas and New Year and that 2024 will provide a safe and happy one for you. As we start the new year, here at Parkin S Booth we are very pleased to announce that Emma Welsby, one of our licensed Insolvency Practitioners, has been appointed a director of the company. Emma has been a valuable member of the PSB team for many years and we are delighted that she will now form part of the strategic decision making side of the business, as well as continuing her work with insolvency cases. Congratulations Emma!

We’re very pleased to be able to continue our efforts in “supporting local”. A key aim of our business it to provide support, either professionally or financially, to local businesses, organisations and individuals. Our latest contribution has been to the fantastic efforts being made at Llandudno FC to raise funds to enable the club to install a new 4G pitch and allow the return of games to the home ground. An innovative pitch bond has been the final piece of the fundraising jigsaw and resulted in a new pitch being installed and games resuming at the OPS Wind Arena in November 2023. Supporting community clubs like this is something we’re so passionate about. The positive impact on the wider community of clubs like this is wonderful. https://www.llandudnofc.co.uk

Here at Parkin S Booth, we have started the year with a very happy return to Llandudno. Whilst we have continued to work across the North Wales region since we departed our previous offices, we've been very keen to return. It's important for us to have a fixed base in the region - discussing the processes of insolvency and the potential consequences isn't the easiest for most people, so a peaceful retreat is hopefully a helpful meeting place for clients and contacts.

HMRC have recently announced changes in their policy for 'assisting' with the closure of companies, using the Members' Voluntary Liquidation process, a well-used method for business owners to close their solvent companies. The changes in policy may affect both the speed with which a business owner can realise funds on closure of the company and also the amount of information they are required to provide to the appointed Insolvency Practitioner. We take a look below in further detail.