Stanley Knife:
The list Roymondo has posted is correct with one distinction; tax and VAT are not the same. Tax is dues you owe, VAT is never yours but money you collect on behalf of the Treasury.
Doesn’t matter. The 2002 Enterprise Act formally removed the “Crown Preference” status of sums owed to both Inland Revenue and VAT (HM Customs & Excise). All such debts go into the pot with the other unsecured creditors and receive an equal share of what’s left after the secured and preferred creditors (including employees wages and redundancy payments) have been satisfied.
Sent from my Hudl 2 using Tapatalk