Insolvency Options

Insolvency Options It has been four years since the financial crisis hit us but some businesses are still affected by it and in fact struggling. Others have gone into receivership or liquidation. This article attempts to identify the different options available to a company before it is closed down. When a company runs into a…

Interest Deductions – A Reminder

A recent Taxation Review Authority (‘TRA’) case serves as a reminder not to be complacent when it comes to lending arrangements between associated entities. One of the fundamental questions to be asked is “what has the entity used the funds for”, to determine whether or not there is the required connection between the expenditure and…