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National Debtline

Advice you can trust

Carillion liquidation

If you have been affected by the liquidation of Carillion you may find the following information useful. Read more about how you can get help using the information below.

Carillion logo

Banking debts

 

  • UK Finance has issued a statement which sets out proactive action that banks should follow in order to best support people in need of assistance.
  • "Lenders are contacting customers and, where appropriate, are putting in place emergency measures, including overdraft extensions, payment holidays and fee waivers."
  • If you are experiencing difficulty, you should let your bank know that you have been affected by the liquidation of Carillion and ask for the appropriate help.
  • Emergency measures can be put in place to help you stay on track if you are facing short term issues.

The Federation of Small Businesses

 

  • The Federation of Small Businesses (FSB) has offered advice for small businesses affected by businnesses they supply going into liquidation.
  • If a supplier has gone into liquidation it’s likely that you may not get all of your money back.
  • The FSB have information on the order of priority in which money is distributed during insolvency cases. 
  • Get advice on the practical steps you should take. 

Tax issues

HM Revenue and Customs (HMRC) has provided information on the help that Business Payment Support Services (BPSS) can offer people affected by this issue. BPSS can:

  • agree instalment arrangements if you are unable to pay their tax on time following the Carillion collapse;
  • suspend any debt collection proceedings;
  • review penalties for missing statutory deadlines;
  • reduce any payments on account; and
  • agree to defer payments due to short-term cash flow difficulties.

BPSS deal with people who contact HMRC before their tax payment deadline. It is important that you contact HMRC (before the tax due date) and let them know that you have been affected by the Carillion liquidation.