Organisations and individuals who are registered for the Economic Crime Levy must inform HMRC if they become insolvent, cancelling their registration and submitting final returns. This notification process applies to any entity that has become subject to insolvency proceedings and is no longer operating as a going concern. The requirement ensures HMRC records are updated and any outstanding levy obligations are properly settled or discharged through the insolvency process.
Source: HMRC (GOV.UK) – Read the original