Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what criteria HM Revenue and Customs applies in deciding whether to issue a winding-up petition for an unpaid accelerated payment notice.

HM Revenue and Customs (HMRC) will always ensure that its action is proportionate and the precise action taken will depend on the facts and circumstances of each individual case.

HMRC have stringent governance arrangements in place where insolvency is considered. However, anyone who anticipates problems paying their tax bill should contact HMRC, who may be able to offer extra time to pay based on individual circumstances. HMRC has an outstanding record for supporting those facing genuine difficulty paying their Accelerated Payments.

HMRC treat unpaid Accelerated Payments as any other established debt using their range of debt collection powers as necessary to recover what is owed, including insolvency powers where appropriate.

To date, HMRC have issued 12 winding up petitions to companies with Accelerated Payment debt. Most of these companies also have non Accelerated Payment related debts.