We would like to highlight a few imminent changes regarding best practice and also to the contact details for HMRCs MVL processing team.
1. SIP 15 and R3 Guide for Creditors on the role and function of creditor
committees
The Joint Insolvency Committee have released a revised version of SIP15, effective from 1 March 2017 and applicable to insolvencies in England and Wales and also those in Scotland. A copy of the new SIP 15 can be found here.
In view of the changes to the new version of SIP 15, R3 has produced a straightforward guide for creditors to help them understand the role of a committee and essential information including their responsibilities if they agree to become members of a committee. A copy of the guide can be found here.
2. HMRC MVL team is moving
Please note the following message from HMRC regarding the work currently undertaken by the MVL team in Worthing:
HMRC’s Member Voluntary Liquidation (MVL) Teams work is moving from EIS Worthing site to EIS Edinburgh site WEF 1 February 2017.
From 1 February 2017 the MVL HMRC address will be:
Enforcement and Insolvency Service
MVL team
Elgin House
20 Haymarket Yards
Edinburgh
EH12 5WT
The MVL advice Line number is changing to 0300 322 7815
With increased opening hours Monday to Friday 9.00 to 17.00.
(For a short transitional period only the former published advice line (03000 577060) will divert to the new number.)
The current email address will remain as eisw.mvl.team@hmrc.gsi.gov. Should this change you will be notified accordingly
V769’s and dividend payments and any correspondence on MVLs currently sent to EIS Worthing should now be sent to the EIS Edinburgh address.
Post currently in transit will be forwarded to Edinburgh by Worthing so please do not resend or duplicate items. This post forwarding service will remain in place for a transitional period.
Clarification on MVL closure clearance requests:
Corporation tax office and MVL team provided separate clearance confirmations on all MVLs.
MVL team issues integrated insolvency claims encompassing all HMRC debts and provides debt clearance confirmation following payment of all these debts. MVL team also give confirmation that PAYE & VAT matters have been finalised.
But BTOps remains responsible for anything relating to CT returns/assessing. You will therefore also require BTOps final clearance that all pre and post MVL CT assessing issues have been resolved the MVL team cannot give this.
CT clearance continues to be provided by BTOps:
CT Central helpline is 0300 200 3410
Or HMRC: Corporation Tax Services
PO Box 29997
Glasgow
G70 5AB
To clarify some confusion – MVL team has been issuing “interim” claims when amounts and/or returns remain outstanding for any tax types. These may be in a nil amount but the interim claim (or claims) will advise what information /returns are still required before any final monetary debt can be established. It will also indicate any currently known outstanding tax to enable early interim payment by the IP whilst the final position is established.
Since 1/12/14 the MVL team has not given separate tax type clearance and will only be issuing a final claim letter when all matters have been fully resolved and all debts due have been paid. The nil final claim letter will include a confirmation of clearance.
IPs are reminded that the following forms should be sent directly to the relevant office and do not need to come via the MVL team:
i. V7 deregistration request must be sent separately to Grimsby
Deregistration Unit: Imperial House, 77 Victoria Street, Grimsby DN31 1NH-
otherwise there will be a delay in the issue of the final return.
ii. VAT427 Queries – These are dealt with by the VAT427 team: HMRC Corporate
Treasury, VAT 2 Unit 2, DMB 612, BX5 5AB -who can be contacted on
03000 583936. MVL team are unable to forward any correspondence or raise any
queries relating to V427’s on your behalf.
iii. V100 to VAT Controller, VAT Central Unit, BX5 5AT
iv. V193 to VAT Controller, VAT Central Unit, BX5 5AT
v. Any RTI & Corporation Tax returns should continue to be sent to the appropriate
processing office or filed on line if possible.
Any further changes in process that may become necessary as a result of the transfer of work will be notified to you separately at the appropriate time. Any queries or concerns should be addressed to HMRC through R3 using existing channels of communication.