As part of Under the Finance Act 2020, the Treasury drafted the Insolvency Act 1986 (HMRC Debts: Priority on Insolvency) Regulations 2020 (the Regulations). In short, HMRC have their preferential debt status returned to them This will ensure that more of the taxes paid by employees and customers will be paid to HMRC not otherContinue reading “HMRC have their preferential debt status returned to them”