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HMRC now charging interest on tax that is not even due

By Admin | Wednesday, September 13, 2017

Unfortunately, we have to report that HMRC now require the payment of statutory interest at 8% per annum from the commencement of a solvent liquidation [Members’ Voluntary Liquidation aka MVL] on any Corporation Tax that falls due after commencement of the liquidation, even if the normal due date for payment is not due until after the commencement of the liquidation, and the payment is made before the due date.

tags: HMRC
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