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To ask Her Majesty's Government whether the proposals in the consultation by HMRC
Protecting your taxes in insolvency, published on 26 February, to reintroduce preferential
status for any Crown creditor takes into account lost Government revenue resulting
from other taxpayers suffering additional bad debts due to the priority payment of
HMRC, and any consequential loss to the economy resulting other taxpayers themselves
becoming insolvent due to an increased burden of bad debt; and what assessment, if
any, they have made of the impact of that change on lending.
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