Temporary Insolvency Measures Are Ending

May 19, 2022 (2)

Temporary Insolvency Measures Are Ending

19 May, 2022

The Corporate Insolvency and Governance Act 2020 introduced various measures to help protect companies, which were impacted by  the lockdown restrictions during the Covid-19 pandemic. The majority of these measures expired between June and September 2021, except for restrictions on winding up companies, which extended until 31 March 2022. The..

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Weekly Statutory Redundancy Pay increased

19 May, 2022

With effect from 6 April 2022 the statutory maximum amount per week is capped at £571. If you were made redundant before 6 April 2022, these amounts will be lower. A copy of a guidance in explaining your redundancy payments can be found at the following website https://www.gov.uk/government/publications/redundancy-payments-from-the-insolvency-service/explaining-your-redundancy-payment

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