Timeline for Government’s extended measures.

1 December 2020: Secondary preferential creditor status of HMRC: HMRC becomes a secondary preferential creditor for PAYE, VAT, Construction Industry Scheme deductions, Employee National Insurance Contributions and student loan repayments in insolvencies commencing on or after 1 December 2020.

31 January 2021: Restrictions on winding-up petitions and statutory demands: the current restrictions on the presentation of winding-up petitions and the service of statutory demands where Covid-19 is the reason for the worsened position have been extended and will now expire on 31 March 2021.

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