Mar 13
Schedule 13 Finance Act 2020: Comprehensive Guide to HMRC Joint Liability Notices
Schedule 13 of the Finance Act 2020 introduced one of the most significant expansions of HMRC’s enforcement powers in recent times, enabling it to pierce the corporate veil and pursue company directors, and others connected to a company, for the company’s own unpaid tax debts. The mechanism through which HMRC exercises this power is the Joint and Several Liability Notice (JSLN). For any director…
#Advice for Directors#Director advice#director duties#director insolvency tax#Director Personal Liability#First Tier Tax Tribunal#FTT#HMRC#HMRC Investigations#HMRC Policy#HMRC Tax Assessment#HMRC Tax Disputes#HMRC Winding Up Petition#JLN#Joint Liability Notice#Several Liability Notice#Tax Evasion#Unpaid Tax#Upper-Tier Tribunal#Winding-Up
