HMRC taking ‘cautious approach’ to help prevent insolvencies
The UK government has said HMRC will take a “cautious approach” to enforcement of debt owed to the government accrued during the pandemic.
The business secretary, Kwasi Kwarteng, stated that “HMRC enforcement during this critical period however, will be largely driven by a lack of engagement by companies with it, rather than just their inability to pay and that using insolvency to enforce payment will remain a last resort.”
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