HMRC as a Creditor in Insolvency - Key Issues, Practical Challenges & Recent Developments

Introduction

Insolvency lawyers and insolvency practitioners regularly face one of the most significant and influential creditors in insolvency cases: HMRC.

HMRC appears as a creditor in the vast majority of both personal and corporate insolvencies and in many cases, it is among the largest. Its status as a secondary preferential creditor, combined with its well-resourced and active approach to debt recovery, means it often plays a pivotal role in the direction and outcome of proceedings.

Understanding how HMRC operates within insolvency is essential for effectively managing cases and anticipating challenges. This new virtual classroom seminar explores the key issues that arise in practice, including HMRC’s creditor rights, behaviour and recent developments affecting its position. It is designed to sharpen practical knowledge and ensure confidence when dealing with HMRC in live matters.

The session is ideal for insolvency lawyers and insolvency practitioners who want to refresh their expertise and stay up to date with the latest legal and procedural developments involving HMRC as a creditor.

What You Will Learn

This live and interactive session will cover the following:

• HMRC’s status as a secondary preferential creditor in insolvency proceedings
• Wrongful trading and risks arising from trading to HMRC’s detriment
• HMRC’s approach and attitude towards Company Voluntary Arrangements (‘CVAs’)
• HMRC’s role and position within the Part A1 moratorium framework

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.