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Insolvency

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  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

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  1. How to become an ICAS JIEB student

    Information on how to register as an ICAS JIEB student.

  2. Statements of insolvency practice (SIPs)

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

  3. Coronavirus - Insolvency

    See the latest information in insolvency amid the coronavirus outbreak.

News in Insolvency

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  1. New temporary measures introduced to protect companies from creditor action

    A look at new measures to be brought in to protect smaller companies from creditor action.

  2. Insolvency technical update: August

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

  3. Changes to SIPs 13 and 16 for Northern Ireland

    Changes to SIP 16 – pre-packaged sales in administration – Northern Ireland and SIP 13 - disposal of assets to connected parties in an insolvency process – Northern Ireland

  4. SIP 3.1 consultation

    insolvency, statements of insolvency practice, SIP 3.1

Latest developments

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  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

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  1. SIP 3.1 consultation

    insolvency, statements of insolvency practice, SIP 3.1

  2. Insolvency SIP consultations

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

  3. 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.

Technical updates

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  1. Insolvency technical update: August

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

  2. Insolvency technical update: July

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

  3. Insolvency technical update: June

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