Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what discussions he has had with the Office for Budget Responsibility on making HMRC a secondary preferential creditor in insolvencies.
The OBR assessed the Exchequer impact of the policy and the methodology behind it to feed into their economic forecast.
A summary of responses to the consultation was published in February 2019, and can be viewed here: https://www.gov.uk/government/consultations/protecting-your-taxes-in-insolvency. Following the publication, the Government has continued to engage with a range of interested parties to discuss and explore further the issues raised.