UK: Halal Monitoring Committee Limited goes into liquidation but is trading as HMC (UK) as it continues its work to supply Genuine Halal Category: Home, Industry News UK & World

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6/5/12  HMC (UK) Press release

This article was posted on 2nd May 2012, we have had a number of people contact us that they couldn’t post comments which has been down to a technical problem from our end.

Halal Monitoring Committee Limited is in the process of being dissolved allowing them to be debt free and to continue their work they have set up as HMC (UK). The following press was issued to us 1/5/12.

18/4/12

HMC Background

In September 2011, HMC registered for VAT as agreed with the HMRC. Previous to this, HMC believed it was exempt from VAT due to the nature of its work and charity status

In early 2012, HMRC informed HMC that it should re-bill all its pre-existing customers for VAT dating back from 2005 and make payments due

The majority of pre-existing customers would be able to re-claim VAT from HMRC but could not pay due to cash flow

This requirement by HMRC caused HMC to have significant unforeseen cash flow issues, that it could not reconcile and settle with HMRC

 

After consulting with Scholars, and in response:

HMC UK has been established by concerned Trustees and Ulama to continue the work of Halal

Since February 2012 it has already taken on the responsibility of supplying genuine halal to 500+ outlets throughout the UK (continuity of halal supply)

 

Yunus Dudhwala, said the “the work for Halal is an important matter within the community and we are pleased with the response and support received”. HMC UK are pleased to support the Muslim Community and continue to provide much needed Halal Certification.

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