I've just been refused a (repeat) time to pay arrangement on behalf of a client because dividends have been paid in the year.
Time to Pay
we have some instances of clients unable to pay substantial (six figures) tax bills immediately and wish to negotiate into sensible time to pay arrangements. currently we are unable to get past th
With insolvency experts predicting an increase in company failures, evidence is emerging that HMRC is adopting a harder line on outstanding debts and voluntary agreements.
Businesses looking to defer paying their tax bills are feeling the squeeze with many finding it increasingly difficult to secure Time To Pay arrangements under the Business Payment Support Sche
HMRC is telling debt ridden businesses to use their credit cards rather than allowing them to defer their tax under the ‘Time to Pay’ scheme.
Before I fire one off to HMRC, I would just like to check with fellow professionals my understanding of the interaction of time to pay arrangements and surcharges under self assessment.
Businesses that don't manage their tax debts properly may face insolvency and be unable to take advantage of HMRC's Time to Pay scheme, warn experts.
HMRC has toughened its stance on VAT deferral requests and recent reports suggest ‘Time to Pay’ may be abolished altogether in next week’s Budget.