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Crown preference

How will the restoration of crown preference affect lending...

With HMRC’s preferential status in an insolvency – known as crown preference – now restored... (more…)

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Reintroduction of UK Crown Preference from 1 December 2020

Since the Enterprise Act 2002 abolished what was known as Crown Preference in the UK, tax claims have ranked as…

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How Crown Preference could raise the cost of borrowing...

Adam Bernstein explains how the re-introduction of Crown Preference later... (more…)

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Northern Ireland – Changes to insolvency laws assist business

Changes to the Northern Ireland Insolvency law will assist would-be entrepreneurs and businesses in financial difficulty.The Insolvency (Northern Ireland) Order…

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SMEs welcome insolvency rule change but accountant warns against...

Rules designed to prevent struggling companies from becoming insolvent came into force yesterday (15 September), to warm applause from small…

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