London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Government’s missed opportunity to reduce red tape

The Telegraph reports “Insolvency Service reform scrapped - the Government has scrapped plans to reform the process that leads to rogue directors being struck off.”

Apparently in order to “reduce red tape for the smallest companies”, the Department for Business, Innovation and Skills has shelved an initiative to streamline the process of insolvency practitioners (many of whom are micro businesses) reporting directors’ misconduct.

How red tape can be reduced by not streamlining a burdensome regulatory process is beyond me!
 

 

 

Date: 3rd September, 2012
Author: Chris Laughton

SHARE THIS

Articles from this Author

Contact a Partner

Tweet

Mercer & Hole Chartered Accountants support @alzheimerssoc as their charity of the year bit.ly/2EJbtw5 pic.twitter.com/3KLTdzwPnD

Jamie Wooldridge to speak at the Business Accelerator Summit MK bit.ly/2qih6wf @brightbizadvicetwitter.com/i/web/status/9…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn