The Finance Act 2020 is now law.

One of the features of the Finance Act is that it introduces a new regime giving HMRC the power to issue notices to make directors of companies, together with shadow directors and certain others connected to a company, jointly and severally liable for the company’s tax liabilities.

There are certain conditions that must be met.  A summery of these conditions is available in the Redman Nichols Butler weekly insolvency roundup email.  If you wish to be added to the distribution list to receive the email please let Stella know – stella.flemmings@redmannicholsbutler.co.uk