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Derek Cooper's Articles in Taxes
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Deferring company tax is covering up a ticking time bomb of insolvency
At first glance, the corporation tax deferment scheme sounds an extremely good idea. It is important to ask the question whether this policy is simply deferring an inevitable wave of company liquidations.
HMRC debts on the increase leading to Winding Up Petitions
Non payment of HMRC debt will eventually put a business in significant risk. HMRC will in time go to court for the issue of a winding up petition.
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