United Kingdom · Question · Written question
UIN 142028
Manufacturing Industries and Retail Trade: Loans
Introduced
22 January 2021
Last action
27 January 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
27 January 2021
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of the extension of secondary preferential creditor status for HMRC on business lending in the (a) retail and (b) manufacturing sector.
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Timeline
22 January 2021
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of the extension of secondary preferential creditor status for HMRC on business lending in the (a) retail and (b) manufacturing sector.
Source: Commons
27 January 2021
Answer
The recent change to HMRC’s creditor status for certain debts ensures that when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, but held temporarily by the business, go to fund public services as intended...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-01-22/142028
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1279636
- uk · wq-1279636 · source updated 27 January 2021