HMRC confirms it will become preferential again

HMRC has launched a consultation on the implementation of its decision to repay itself ahead of trade creditors, pension schemes and lenders in insolvency procedures.  If you're not HMRC (and in the long term, perhaps even if you are), this could make you worse off.  Read R3's comments here - http://www.r3.org.uk/index.cfm?page=1114&element=33105&refpage=1008

Published Feb 26, 2019