Bank Account Protection For Up To £1m

Extra protection has been provided for current account holders, with temporarily large amounts of money, is part of a new compensation scheme that protects clients if their bank goes bust. The scheme will look to protect hundreds of thousands of people and could include those saving for a property, large redundancy payments, insurance payouts or…

Insolvency Policy Updates

The following are recent changes which are to be made to the Insolvency regime: The Bankruptcy Petition limit for a creditor to present a petition is due to be increased from the current level of £750 to £5,000 in October 2015. This move is to avoid smaller creditors threatening the use of winding up procedures…

Key Dates For Budget Changes

So the long awaited budget announcement has been made, you have been to various events and seminars regarding the changes coming into force but all you want is a breakdown of what is happening and when it comes into force. Therefore DCA have prepared a timeline of events for the budget changes. 23rd March 2015…