Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the HMRC liquidation claim for DMB solutions Ltd, HMRC reference 075 2142906 03, how much of the £578,497.83 VAT element of HMRC’s claim from the company's directors has been recovered; and if he will make a statement.

HMRC is unable to advise how much of the £578,497.83 VAT element of HMRC’s claim from DMB solutions Ltd has been recovered from the company’s directors as HMRC is not responsible for recovery of these amounts after the insolvency event. As with all other creditors in an insolvency, HMRC rely on the appointed Insolvency Practitioner to realise all available assets from the Insolvent Party and are allocated their share per Insolvency legislation from funds obtained by the appointed Insolvency Practitioner. HMRC are provided with dividend payments from the liquidator as and when assets and funds are realised but are not advised of where the recoveries have come from. HMRC does not need to know whether recoveries have come from the directors, general company assets, or elsewhere.