Tax debt could become director liability at bankrupt companies

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Under powers set out in Finance Act 2020, directors of insolvent companies could find themselves liable for accumulated tax debts for up to five years

HMRC sets out individual liability when companies evade tax
HMRC publish guidance on implications of ‘phoenixism’
HMRC publish factsheets on joint and several liability
HMRC publish guidance on implications of facilitating tax avoidance
HMRC update guidance on implications of facilitating tax avoidance

Tax debt could become director liability at bankrupt companies

Log in to your account

Sign up to Accountancy Daily and enjoy

HMRC sets out individual liability when companies evade tax

HMRC publish guidance on implications of ‘phoenixism’

HMRC publish factsheets on joint and several liability

HMRC publish guidance on implications of facilitating tax avoidance

HMRC update guidance on implications of facilitating tax avoidance