Insights

The reopening of the Bankruptcy and Companies Master’s Court on 17 April 2023 to creditor winding up petitions will prompt the pursual of a significant number of struggling businesses in Northern Ireland.  Guidance from the Bankruptcy and Companies Master released...

By Michael Branniff, Business Services Partner at Baker Tilly Mooney Moore After entering 2023 with a depressing economic outlook, the markets remain unsteady as we make our way through spring. Inflation is not on the downturn yet, overheads remain high for businesses...

The reintroduction of creditor winding up petitions on companies in Northern Ireland can be expected soon and will lead to creditors pursuing companies in financial distress. Restructuring and Insolvency Partner, Darren Bowman, has said the introduction of the...

By Angela Keery, Head of Tax The Spring Budget came and went yesterday with limited changes for business and personal finances. Amid headlines of extended energy support measures and childcare support for families, the main takeaways for business owners will be...

The rates for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age) will increase on 1 April. The new rates are: 23 and over 21 to 22 18 to 20 Under 18 Apprentice April 2022 (current rate) £9.50...

Last up in our celebration of Apprenticeship Week 2023, we are pleased to hear from Matthew Stubbs, a 2018 Apprentice who passed his Accounting Technicians Ireland (ATI) exams in 2020 and is now well on his way to qualifying with Chartered Accountants Ireland.  For...

Conal Moore is another of our current Higher Level Apprentices in the Business Services Team. A former Music, Sound & Technology undergraduate student, he joins Justin on the Accounting Technicians Ireland (ATI) course at Belfast Met.  Currently in year one of the...

As we celebrate Apprenticeship Week, we are delighted to catch up with Adrien Pelan, our first ever employee to complete the Belfast Met Higher Level Apprenticeship Scheme. Adrien graduated from the scheme in the summer of 2019 and has continued her career in Business...

This Apprenticeship Week, we’re catching up with our Higher Level Apprentices past and present to hear about their time so far at Baker Tilly Mooney Moore, and the balance of learning while they work. First up is Justin Burns from the Business Services department, who...

By Stephen McConnell, Business Services Partner at Baker Tilly Mooney Moore   We ended 2022 much like the previous two years, with a bleak economic outlook and hopes that the busy Christmas period will be enough to see businesses through even the beginning of 2023....

2023 begins with a bleak economic outlook after the UK entered an official recession in the third quarter of last year. Though the decline is expected to be shallow, latest estimates show that it will continue for much of the year. It is to this backdrop that...

By Donal Laverty, Consulting Partner  There is no escaping the recession we are slipping into. The UK economy will shrink by 1.4% in 2023 and unemployment will jump to 4.9%. Yet simultaneously, businesses are aggressively recruiting to fill vacancies and almost three...