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HMRC’s new preferential creditor status—impact on insolvency practitioners

Copyright © 2025 LexisNexis
Published on: 12 November 2018
Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

  • What are the provisions on preferential status of taxes?
  • When will the changes come into force?
  • What is the impact on unsecured creditors?
  • What are the practical considerations for IPs?
  • What is the impact of the budget on directors?

Article summary

Restructuring & Insolvency analysis: David Kerr, licensed insolvency practitioner and director at David Kerr Consulting Ltd, highlights the main impacts of the Budget 2018 on insolvency practitioners.

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Jurisdiction(s):
United Kingdom

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