Rising costs partly due to IR35 led to Corporate Solutions collapse


 

Collapsed haulage firm Corporate Solutions (Logistics) was running at an almost £700,000 pre-tax loss six months before it entered administration, according to insolvency experts. The Solihull-based firm closed in October after suffering increasing fuel and driver costs, with the implementation of IR35 rules compounding its problems according to administrators FRP. In a report to creditors, […]