Summary
- HMRC’s factsheet explains when you can be made jointly and severally liable for a company’s tax debts through a joint liability notice, targeting “phoenixism”. [gov.uk]
- A notice can be issued where an individual had a relevant connection to ≥2 insolvent “old companies”, a “new company” carries on a similar trade, and unpaid liabilities exceed £10,000 and 50% of unsecured creditors. [gov.uk]
- The factsheet (Schedule 13, Finance Act 2020) was updated 9 July 2026, and recipients retain review and appeal rights. [gov.uk]
Source:
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