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25% => The Boardroom => Topic started by: Power to people on Tuesday, October 23, 2007, 16:00:45



Title: Payment to HMRC
Post by: Power to people on Tuesday, October 23, 2007, 16:00:45
Apparently in Sat's programme notes it was said that a PAYE payment had been made to HMRC

Last week in the adver I think it was in Diamandis interview that the new potential investor had put a sum of money in and that had been given to Androniku to pay to the HMRC

My point is this is PAYE i.e to take off the £1.8m that is owed why is Androniku getting involved when it is nothing to do with the CVA, how could he make a payment ?

2 different stories, have HRMC actually been paid ?


Title: Payment to HMRC
Post by: STFC Bart on Tuesday, October 23, 2007, 16:05:01
Anyway HMRC are no longer preferential creditors. Therefore they should have not had priority over anyone else.


Title: Payment to HMRC
Post by: ron dodgers on Tuesday, October 23, 2007, 16:15:08
eh ? since when?


Title: Payment to HMRC
Post by: STFC Bart on Tuesday, October 23, 2007, 16:21:12
Around the last 2 years. The HMRC are an unsecured creditor the same as anyone else. Therefore effectively any other major creditor could challenge this decision to pay HMRC and they would win.


Title: Payment to HMRC
Post by: Power to people on Wednesday, October 24, 2007, 13:11:40
Technically they are only a creditor in the CVA, but we have no creditor list built up other than that so surely they couldn't have been paid part of what is owed from the CVA.