All posts from May 2019

Directors beware!

Posted By: on 2nd May 2019 under Directors, HMRC

In previous blogs, we have looked at the various processes HMRC will use to recover tax and VAT such as distraint, time to pay arrangements, issuing security notices and as a last resort, insolvency.  As part of HMRC drive to improve tax collection and clamp down on companies and individuals seeking to avoid or evade […]

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HMRC preferential status – update

Posted By: on 1st May 2019 under debt, HMRC, insolvency

On 31 October 2018 we posted a blog on HMRC regaining preferential creditor status and the potential effect on banks and other lenders.  HMRC recently commenced a consultation period which is due to expire on 27 May 2019.  The consultation is being undertaken with a view to deciding how the new rules should be implemented […]

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