linkage and quote:

"References to Crown preference have been removed. HMRC does not have preferential status in the distribution of the assets of an insolvent estate. The former Departments of Customs & Excise and Inland Revenue both lost preferential status on 15 September 2003 under the provisions of the Enterprise Act 2002. At the time of publishing, the Crown still has preferential status in the distribution of the assets of insolvent businesses in Northern Ireland."

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the Enterprise Act is here for anyone with more time on their hands

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Posted By: Ralf Scrampton, Feb 10, 12:27:40