Although it is be hoped that many clients will successfully emerge from the current crisis, some will find themselves in financial distress and will need the help of their advisors to cope with this. This seminar will explain the legal and tax issues that face businesses in difficulty and will guide practitioners on how they can help.

Topics covered:

• The tax implications of debt management

• What debts can HMRC collect and from who; what is their approach with those in difficulty

• Corporate issues including administration and liquidation

• Reconstructing businesses