What Are Creditors’ Rights During Insolvency Proceedings?
Hudson Weir
MARCH 19, 2025
HMRCs rights as a creditor Not only does HMRC count as a creditor, with certain rights as of 1 December 2020, for some types of debt, HMRC is a preferential creditor as per the Finance Act 2020. Well explain more about the hierarchy of creditors shortly.
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