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Insolvency

Featured

  1. Insolvency licences

    Insolvency is a highly regulated area of practice and IPs must complete training in many aspects of law and practice.

Support and guidance

  1. Statements of insolvency practice (SIPs)

    SIPs set principles and key compliance standards with which Insolvency Practitioners are required to comply.

  2. Coronavirus - Insolvency

    See the latest information in insolvency amid the coronavirus outbreak.

News in Insolvency

  1. Insolvency technical update: October

    Insolvency technical update – your round-up of recent developments in insolvency.

  2. Coronavirus - Insolvency

    See the latest information in insolvency amid the coronavirus outbreak.

  3. Report on BADAS consultation

    A summary of the Scottish Government’s response to the consultation on the review of the Bankruptcy and Debt Advice (Scotland) Act 2014.

  4. Ireland insolvencies post-Brexit

    A look at the impact for ICAS Members on insolvency appointments in Ireland at the end of the Brexit transition period.

Latest developments

  1. HMRC Insolvency Guidance – VAT

    HMRC has issued guidance regarding changes to its IT systems, which are impacting VAT processing in insolvency cases.

  2. Corporate Insolvency and Governance Act 2020

    Find out more about the Corporate Insolvency and Governance Bill.

  3. Insolvency technical update – May

    Insolvency technical update – your round-up of recent developments in insolvency.

Consultation and responses

  1. Insolvency SIP consultations

    Find out about proposed changes to SIPs relating to voluntary arrangements, financial reporting and remuneration

  2. The future of PTDs

    ICAS has responded to the Scottish Parliament’s inquiry into Protected Trust Deeds (PTDs) by strongly advocating for a wholesale review of Scottish debt solutions, as opposed to the amendment of trust deed legislation in isolation.

  3. AiB's proposed changes to DAS

    Examining AiB's proposed changes to the Debt Arrangement Scheme (DAS)

Technical updates

  1. Insolvency technical update: October

    Insolvency technical update – your round-up of recent developments in insolvency.

  2. Insolvency technical update: September

    Insolvency technical update – your round-up of recent developments in insolvency.

  3. Insolvency technical update: August

    Insolvency technical update – your round-up of recent developments in insolvency.
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