|
|
31 Aug 2011
A TRUCK MANUFACTURER has said that an incorrect winding-up petition from HM Revenue & Customs has led to false rumours that the company is in trouble.
Roadtransport.com reports that HMRC brought an action against BMC regarding an apparent VAT liability on goods imported from Turkey. This did not take into account that the debt was 100% refundable, the company says.
Further reading
A High Court judge last week set aside the claim for two months to allow HMRC to rectify the error. BMC said it was never liable for the monies.
BMC is still trading and has not entered into administration, the company confirmed.
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment