DJ Murphy Solicitors - Temple Court, 13A Cathedral Road - Cardiff - CF11 9HA
Late filing of company documents. It used to be said by professional advisers that it was unheard of for Directors to be prosecuted or fined by Companies House for late filing of annual accounts. That is certainly no longer the case, and regularly we see
Legal advice given by lawyers to their clients is “privileged”. In most circumstances cannot be disclosed to other parties including the courts. The court recently confirmed that this legal advice “privilege” did not extend to legal advice provided by accountants. (R (exp.Prudential Plc & Anr)
DJ Murphy Solicitors have acted for company Directors facing prosecution for the late filing of accounts and for whom the defence, that they “took all reasonable steps” to comply with the requirements, does not appear to have been available. Even so, it is very important
Many companies in the UK provide employees with a pension, but the pension funds are in deficit. The companies concerned have to make up these deficits in increased cash contributions. Also by securing the company’s assets in favour of the pension fund. These deficits are