UK Tax Authority Clears Hassan Nawaz of Bankruptcy, Allows Resumption of Business Activities

London: The UK tax authority, HM Revenue and Customs (HMRC), has officially concluded the bankruptcy proceedings of Hassan Nawaz, son of Pakistan Muslim League (N) President and former Prime Minister Nawaz Sharif. Following the completion of the bankruptcy term, Hassan Nawaz is now legally eligible to resume business and act as a company director once again.
According to official records, Hassan Nawaz’s bankruptcy period ended on April 29, 2025. HMRC confirmed that the case was closed due to the absence of any illegal activity. Two months earlier, HMRC had acknowledged Hassan Nawaz’s self-declaration of bankruptcy, which was related to a dispute over an estimated £10 million in unpaid taxes.
Hassan Nawaz maintained that despite having paid all due taxes, HMRC continued to demand payment after the expiration of a specific period. Details of his bankruptcy were published in the official gazette last year.
Under UK law, once the bankruptcy period ends, the individual is no longer obligated to repay previous debts, and creditors are barred from pursuing repayment. The bankruptcy case against Hassan Nawaz has now been formally closed, and no civil or criminal charges were filed against him.
The UK government has granted Hassan Nawaz full permission to resume his business activities. HMRC and other relevant authorities confirmed that there was no indication of non-cooperation or breach of legal orders by Hassan Nawaz. He was found to be fully compliant with all legal procedures.
The decision explicitly states that the matter is now considered closed, and no further legal action is pending against him. British authorities also observed zero corruption or mismanagement during the investigation.
Media reports in some circles had portrayed Hassan Nawaz’s business affairs negatively. However, the investigation found no wrongdoing, clearing his name and allowing him to return to business without restrictions.