R3 slams UK government’s tax priority “cash grab”
The UK government would become a secondary preferential creditor under the changes. (Credit: iStock.com/violinconcertono3)
UK restructuring trade group R3 has criticised a government plan to prioritise tax debts in insolvencies, calling it a cash grab and a “threat to business rescue”.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10