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All posts with the preferential creditors tag

Finance Act 2020 gives HMRC priority pass in insolvency

Posted By: Bretts Business Recovery Ltd on 30th July 2020

The Finance Act 2020 received Royal Assent on 22 July, confirming that from 1 December 2020 HMRC will become a secondary preferential creditor in insolvencies. This is a disappointing announcement for the insolvency industry which believes the...

Creditors – Order of Priority

Posted By: bretts_admin_access_account on 13th June 2013

There are various classes of creditor and there is a specific order in which they must be paid when an Insolvency Practitioner has funds to distribute This list places the classes of creditor in order of priority with the first listed being the...

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All posts with the preferential creditors tag

Finance Act 2020 gives HMRC priority pass in insolvency

Creditors – Order of Priority

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All posts with the preferential creditors tag

Finance Act 2020 gives HMRC priority pass in insolvency

Creditors – Order of Priority

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