The Rise of HMRC Enforcement: What Directors of Distressed Businesses Need to Know
For many business owners, HMRC was once viewed as a creditor willing to negotiate when cash flow pressures arose. That perception is changing rapidly. In recent years, HMRC has adopted a far more assertive approach to debt recovery, making greater use of enforcement powers ranging from winding-up petitions and security requirements to, in certain cases, personal liability notices.
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An interview with … Frank Maher, Solicitor and Partner at Keystone Law