Treasury ‘cash grab’ frustrating and misguided, says R3 Midlands

This post first appeared on East Midlands Business Link. Read the original article.

Treasury ‘cash grab’ frustrating and misguided, says R3 Midlands

Government plans to repay HMRC ahead of pension schemes, trade creditors and lenders in insolvency procedures have been branded a ‘frustrating and misguided cash grab’ by the Midlands branch of insolvency and restructuring trade body R3. The comment refers to the current three-month government consultation on the return of ‘Crown Preference’ to HMRC, which would […]