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Comment

Directors’ duties in uncertain times

With the news that existing winding up petitions will be adjourned to at least 17 June 2020 with other petitions now unlikely to be heard for a number of months, it will no doubt provide directors and business owners with some welcome breathing space whilst cash is tight. In addition, the Government have confirmed that VAT payments are deferred until June, with self-assessment payments due in July in respect of income tax also deferred until January 2021.

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