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Updated HMRC Notice 700/56: VAT and Insolvency Guidelines for Practitioners

HMRC have updated VAT Notice 700/56 on Insolvency. Find out how to account for VAT and who to contact if you’re an insolvency practitioner and you’re appointed over insolvent VAT-registered businesses.

Source: claritaxnews.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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