United Kingdom · Question · Written question
UIN 102913
Insolvency
Original
Introduced
13 October 2020
Last action
20 October 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
20 October 2020
Summary
To ask the Chancellor of the Exchequer, what assessment his Department has made of the likely effect on business insolvencies of reintroducing secondary preferential creditor status in December 2020.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 October 2020
Written question
To ask the Chancellor of the Exchequer, what assessment his Department has made of the likely effect on business insolvencies of reintroducing secondary preferential creditor status in December 2020.
Source: Commons
20 October 2020
Answer
The recent legislative change gives HMRC second preferential creditor status for certain taxes. This change is designed to ensure that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held tempora...
Source: Written answer
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
No documents linked.
Sponsors
- · Treasury · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-10-13/102913
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1243052
- uk · wq-1243052 · source updated 20 October 2020