Your browser (Internet Explorer 7 or lower) is out of date. It has known security flaws and may not display all features of this and other websites. Learn how to update your browser.

X

Tax debt disqualifications dominate Insolvency Service stats

Accountancy Age

IS THE Insolvency Service eschewing criminal investigations of directors, instead leaving the taxman to mop up those who have racked up large debts? That is the claim of Michael O’Maoileoin, an insolvency expert at law firm Hugh James. Analysis of the latest Insolvency Service enforcement record data from the Insolvency service shows the percentage of director disqualifications due to tax debts has jumped in recent years. The percentage was 62% in 2012/13, 52%…

Read more here: Accountancy Age

Leave a Reply