Latest from the blog

HMRC preferential status – a major change slipped in through the back door?

Until 2003 HM Revenue and Customs had preferential status in formal insolvency proceedings under schedule 6 of the Insolvency Act for deducted taxes such as PAYE and VAT. This meant that they ranked ahead of any floating charge holder and …

Latest Press Releases

October retail sales deliver a small scare

The October retail sales statistics delivered disappointment following a mild autumn, although the Golden Quarter may still shine through, says one retail expert. Phil Mullis, Partner and Head of Retail and Wholesale at leading accountancy firm, Wilkins Kennedy, said: “Halloween sales did little to keep the wolf from the door, but the scariest of sales statistics came from the fashion sector, which experienced a 1% drop in sales quantity. However, as August and September delivered fairly strong retail figures, it is hardly surprising to see a small comedown. The mild autumn weather could also be another reason for the fashion sector experiencing a drop in sales. Looking forward to November, it will be interesting to see how Christmas sales start to impact the retail statistics.”

Latest Tweets

Follow us on Twitter @wilkinskennedy
WK Corporate Finance
WK Financial Planning
WK Cashflow