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Azets comments on May 2026 insolvency statistics

Richard Oddy, Restructuring and Insolvency partner at accountancy and business advisory group, Azets, shares his thoughts on May's insolvency figures. The month saw 1,868 corporate insolvencies in May 2026 – 10.5% fewer than in April 2026 (2,087), and 16.3% fewer than in May 2025 (2,231) according … [Read more...]

Azets issues warning ahead of temporary VAT changes

The temporary VAT reduction for children’s meals, admissions and family attractions could lead to a summer of disruption for businesses across the North West warns accountancy firm Azets. Aimed at families, the VAT reduction is being introduced by the government as part of a wider initiative to … [Read more...]

Fylde Coast firm joins Xeinadin

Accountancy group, Xeinadin, has announced that Crossley & Davis, a chartered accountancy practice on the Fylde Coast, has joined its network. Established in 1982, Crossley & Davis has grown from a local practice into a four-partner team supporting businesses across the North West and … [Read more...]

Tax changes bring boost for businesses donating to charities

A long-standing tax levied on businesses donating to charities has now been removed, and accountancy and business advisory firm, Azets, is seeking to remind businesses that they can now give goods to registered charities without paying VAT. The news comes at a time of falling charity donations; … [Read more...]

Business mileage allowance to rise to 55p

Chancellor Rachel Reeves has announced the first increased to the approved mileage allowance for both employees and the self-employed who use their own vehicles for work. Since 2011, the allowance has been frozen at 45p per mile for the first 10,000 business miles in a tax year. This will rise to … [Read more...]

IN Accountancy workshop explores ways to grow profits

Stockport-based IN Accountancy will host a 90-minute workshop exploring five ways businesses can grow their profits. The free in-person session creates space to step back and think clearly about what really drives results. The IN Accountancy team will explore five proven ways to grow your profits … [Read more...]

Torque Business 2026 brings local business community together

Businesses from across the region came together on 14th May for a high-energy networking event with a difference, as Torque Business returned to CN House at Cheadle Royal Business Park with cars, competitions and plenty of conversation. Hosted by CN Chartered Accountants, the event combined … [Read more...]

Azets responds to April 2026 insolvency statistics

There were 2,085 corporate insolvencies in April 2026 – 2.4% more than in March 2026 (2,037), and 2.8% more than in April 2025 (2,028). Richard Oddy, Restructuring and Insolvency partner at international accountancy and business advisory group Azets, shares his thoughts on the data. April’s … [Read more...]

Small Business Protections Bill introduced to Parliament

Landmark legislation has been introduced to Parliament that will give small businesses, sole traders and freelancers greater protections from late payments by larger firms. 38 businesses every single day because they are not paid on time, while late payments also force business owners to spend … [Read more...]