Welcome to our News & Blogs
Welcome to our News & Blogs
Drag-Along and Tag-Along Rights
The valuation of shares in a company can be complex and even more complicated when valuing a minority shareholding. In a recent case, I was asked to provide an opinion as to whether the valuation of a minority shareholding provided by the husband’s accountants was ‘broadly correct and appropriate’. On this occasion there was a shareholders’ agreement which provided detail regarding the shareholders’ rights, obligations and liabilities including a ‘Drag-Along and Tag-Along ‘clause. What are they, why are they necessary and how do they affect the valuation of a minority shareholding?
Job Vacancy: Forensic Accounting Analyst
Due to rapid expansion, we are looking for a Forensic Accounting Analyst. This is a unique opportunity to work with and learn from one of the most experienced teams in the UK with over 100 years of combined Forensic Accounting experience between them, undertaking a huge variety of Civil and Criminal cases.
Directors' Loan Accounts and Divorce
Davidsons Forensic Accountants deal with many issues arising in Divorce matters and one of the most frequent is that of Directors’ Loan Accounts. Here we set out some of the recurring questions we are asked. How do Directors' Loan Accounts affect the value of a business? What tax is payable on them? When should they be repaid?
Covid Fraud and Business Interruption Loan Schemes
In the next in our series of blogs on Covid Fraud, this week we look at why Insolvency Practitioners and financial institutions are turning to private prosecutions and what steps directors should take to protect themselves after having taken out Business Interruption Loans.
How To Spot Fraud In The Insolvency Process
We will need to be vigilant against potential fraud as post-pandemic liquidations and bankruptcies begin to rise. This article highlights some of the red flags that forensic accountants look out for that can indicate potential fraud in the insolvency process.
Furlough Fraud - The Coronavirus Job Retention Scheme (CJRS) Ends 30th September - What Happens Next?
Furlough Fraud is a problem that is and will continue for many years to be an issue for Her Majesty's Revenue & Customs. How has furlough fraud been carried out? What are the penalties for furlough fraud and how does HMRC investigate? What action should I take now to prepare for an HMRC audit?
Beware of the tsunami of liquidations and bankruptcies after 30th September 2021. What are the warning signs?
The Government furlough scheme ends on 30th September and no indications have been given that it will be extended. Some argue that there is no need to do so if there are no restrictions on businesses operating normally. However, some predict an avalanche of liquidations and bankruptcies. How is it possible to determine if a business is in financial distress i.e. the business is unable to generate enough revenue or income to meet its financial obligations?
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