Reply to post: Bankruptcy next?

Aria Technology loses Court of Appeal bid over £750k VAT dispute

steamnut

Bankruptcy next?

Well, they fought and fought and fought again and lost! With all that VAT and HMRC fees to pay, as well as their lawyer's fees (never cheap), then I guess they will just pull the plug on themselves. The week after, someone will pick up the company for a £1 and start all over again. Then the whole exercise will have been a waste of time and HMRC (aka taxpayers) will still not have their money.

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