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United KingdomGOV.UK

Petition limit rises to £500,000 under insolvency amendments

The 2026 Amendment Rules, in force 22nd June 2026, raise the London bankruptcy-petition limit and modernise filing, delivery and fee-approval rules.

By Taxxa AI OyPublished 10 September 2026

Legal & Corporate

The Insolvency (England and Wales) (Amendment) Rules 2026GOV, 2026 No. 561, made 27th May 2026, laid before Parliament 28th May 2026, coming into force 22nd June 2026. The instrument makes minor and technical amendments to The Insolvency (England and Wales) Rules 2016GOV, identified from stakeholder suggestions responding to the First Review of IR16 published in April 2022. A further review of IR16 is due in April 2027, with a consultation on additional proposals expected in the coming quarter.

The most consequential change for petitioning creditors is the London forum threshold. Rule 10.11 requires the creditor to present the petition to the High Court where the debt is £50,000 or more, or to the County Court at Central London where the debt is less than £50,000Legislation; rule 13 of the amending Rules substitutes £500,000 for £50,000 in rule 10.11(1)(a) and (b)Legislation, and the increase in that limit to £500,000 reflects the current allocation of work within the court system. The increase reflects measures operating since April 2025 under the Pilot Practice Note for managing the listing of insolvency matters in the London Insolvency District, making better use of judicial time and cutting the administrative burden of transferring petitions from the High Court to the County Court in Central London.

Other changes practitioners should note: the definition of "judge" in rule 1.2 is widened to an appropriate judge under any relevant Practice Direction, the obsolete "registrar" definition is removed, and Parts 12 and rule 13.2 are conformed to refer to "judge"; fax is clarified at rule 1.45 not to be a method of electronic delivery, with fax references removed from out-of-hours administrator appointments and from debt-relief and bankruptcy applications; a new paragraph in rule 1.46 removes the need for multiple copies where documents are delivered electronically; the administrator's notice of appointment no longer needs to state the date and time of appointment, removing ambiguity since administration commences only when the court endorses the notice with the filing date and time; rule 8.24(c) terminology is aligned post-EU exit; trustees' final-notice delivery on adjudicator-made bankruptcy orders goes to the Official Receiver rather than the court; a wrong cross-reference at rule 14.1(6) is corrected; an unnecessary bankrupt-identification reference at rule 18.3 is removed; and rule 18.30(2) (remuneration: exceeding the fee estimate) is restructured so that a request for approval to exceed the fees estimate goes to the court where the court fixed the basis, otherwise to the creditors' committee where there is one, and otherwise to the creditors or class that fixed the basis.

The Insolvency Service gives Policy.Unit@insolvency.gov.uk as the contact for enquiries.

Legal basis: The Insolvency (England and Wales) (Amendment) Rules 2026, 2026 No. 561, made 27th May 2026, laid before Parliament 28th May 2026, coming into force 22nd June 2026, amending The Insolvency (England and Wales) Rules 2016.

Present creditor bankruptcy petitions in the London Insolvency District to the County Court in Central London where the debt is below £500,000, and route fee-estimate excess requests to the creditors committee where one exists.

Sources