Finance Act & Personal Liability for Company Tax Debts Post published:11/01/2021 Directors are now liable for company tax debts when a company fails thanks to the Finance Act 2020. Here Kevin Lucas talks briefly about the impact. You Might Also Like Why Use Lucas Ross – Business Rescue, Recovery & Insolvency? 03/03/2022 What Rights does a Creditor have in a Liquidation? 25/11/2021 Am I still liable for business debts if I resign as a director of a Ltd company? 16/12/2020