Urgent Opinions please

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MelanieGiles

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Post by MelanieGiles » Thu Jul 24, 2008 10:27 am
I am afraid that it is all part of the bureaucracy that often hampers sensible commercial decisions within this organisation. If this had been written into your proposal in the first place, perhaps this timeline could have been avoided.
Regards, Melanie Giles, Insolvency Practitioner
 
 

pennyfortheguy

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Post by pennyfortheguy » Thu Jul 24, 2008 10:38 am
Thanks Melanie - I have a further creditors meeting on Tuesday (adjourned from 1st one) - can I as debtor propose a modification that current tax year is omitted from the agreement? after all, the other creditors would accept as they then get their money quicker and HMRC are only 7.6% of overall debt, so from voting to date they would be outvoted. Or is this not possible at this late stage?
Last edited by pennyfortheguy on Thu Jul 24, 2008 10:38 am, edited 1 time in total.
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jul 24, 2008 10:59 am
No - you cannot propose a modifiction which seeks to change how a creditor operates under tax law. The fact of the matter is that your IP will not be able to close your case until HMRC submit their final claim - and if they are sticking by their rulebook there will be little to do. Has your IP spoken directly to Dick Ivory who is the head of HMRC VAS team. Dick is extremely commercial, and you might get more joy than by speaking to one of his team. This is what I usually do if I ever have an unresolved HMRC claim, and Dick is always happy to take calls from IPs.
Regards, Melanie Giles, Insolvency Practitioner
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