HMRC shifts greater responsibility to insolvency practitioners following cessation tax clearance services – Accountancy Age
HMRC has announced that it will no longer provide pre- and post-tax clearances in members voluntary liquidation (MVL) cases. This decision, effective immediately, has significant implications for insolvency practitioners and businesses alike. In a statement on December 6, 2023, HMRC revealed the cessation of tax clearance services for MVLs. The decision was based on the…