Showing posts with label winding up. Show all posts
Showing posts with label winding up. Show all posts

Thursday, 22 December 2022

HMRC Mistakenly Issue High Court Winding Up Petition Against Doncaster Rovers


 

The insolvency hearing had been listed for 11am yesterday at the High Court in London and related to a HM Revenue & Customs (HMRC) tax bill, which had already been paid.

A HMRC error saw the payment allocated to the wrong month, subsequently making it appear overdue.

That triggered action against the club, including an application to close the company down.

HMRC has since been in touch with Doncaster Rovers to acknowledge their mistake.

The club now considers the matter to be closed.

A spokesperson for HMRC said they cannot comment on individual cases ‘due to strict confidentiality rules’.

In a statement, HMRC told The Free Press: 

“We take a supportive approach to dealing with customers who have tax debts and only file winding-up petitions once we’ve exhausted all other options, in order to protect taxpayers’ money.”

Tax does have to be taxing.

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Thursday, 12 December 2019

HMRC's Failed Case Against Birmingham City


Regarding the failed HMRC case against Birmingham City (as per the BBC):
"A petition to wind up Championship club Birmingham City was dismissed by a High Court judge on Wednesday.

HM Revenue & Customs had put forward the case, saying the Blues owed an unspecified amount in tax, but HMRC's lawyers advised the debt had been paid."
A loyal reader asks:
"Would anyone be able to estimate how much taxpayers money was wasted getting this unnecessarily to court? 

Also, how many more similar instances have there been?"
Thanks.

Tax does have to be taxing.

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Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

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HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Thursday, 11 October 2018

HMRC's Great British Bake - Off!


Patisserie Valerie, having suspended its shares over a potential fraud, has also warned investors of an HMRC winding up petition it faces over £1.14m in unpaid tax.

HMRC said Patisserie Holding’s principal trading subsidiary, Stonebeach, owes it the money, and has set a hearing date of 31 October to seek a court order to liquidate the firm and its assets.

HMRC advertised the petition last Friday. However, rather oddly, Patisserie’s board said it has only "become aware” of it yesterday.

City AM quotes the stock market update:
The company and its advisers are in communication with HMRC with the objective of addressing the petition.


The company continues to engage with its professional advisers to understand better the financial position of the group and will make further announcements in due course.”
This does not bode well for Pat Val!

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"