Liquidations to spike in January as wage hikes, Vat and pensions all hit

Revenue will engage with operators in order to save jobs

More firms could face closure in early 2026. Photo: Getty

Company insolvencies will spike in January, a leading insolvency practitioner has warned, as small businesses grapple with the costs of the auto enrolment pensions scheme, a rise in the minimum wage and Christmas Vat bills.

The extra strain on cashflow will come amid signs already this year of a pick-up in creditor-led enforcement actions, Dessie Morrow of Azets Ireland said.

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