Report into Tuffnells’ collapse confirms HMRC and unsecured creditors will lose millions

HM Revenue & Customs is “highly unlikely” to be paid the £10.5m it is owed in VAT and other taxes by Tuffnells Parcels Express, according to its administrator. In a report to creditors of the collapsed parcel firm, Interpath also said that staff owed an estimated £620,000 in wages, holiday pay and pension benefits, and […]