HMRC insolvency reforms could limit asset-backed lending

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11025
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HMRC insolvency reforms could limit asset-backed lending May 21, 2019 15:11:24 GMT r00lish67 and dan1 like this

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Post by 11025 on May 21, 2019 15:11:24 GMT

I noticed an interesting article earlier ,

from 2020 spreadsheet Phil is making changes that will affect certain P2P lenders , not in the Lenders best interests obviously

Peer2Peer finance news

Last Edit: May 21, 2019 15:13:00 GMT by 11025

Living the dream ... apparently

ceejay

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HMRC insolvency reforms could limit asset-backed lending May 25, 2019 7:17:30 GMT

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Post by ceejay on May 25, 2019 7:17:30 GMT

According to the article, after the change in April 2020, HMRC will move ahead of floating charges in the queue to be paid, but will still be after fixed charges (and employees).

So the question then is - which types of charges (fixed or floating) do different platforms tend to use?

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