Arrears – HMRC / VAT Advice
During current times, VAT / HMRC arrears are extremely common in the SME sector. We are increasingly speaking to businesses all the time that have directly entered into negotiations with HM revenue & Customs and have agreed time to pay schemes that are unrealistic to their cash flow, which ultimately has the effect of worsening other unsecured creditors positions and not being able to fulfil future liabilities as and when they fall due.
This leaves the business in an extremely precarious position and one that needs the directors to take the appropriate advice to avoid worsening the position for themselves and creditors.
If you need advice contact us now on 0844 704 8907 or fill in our online contact form.
You may currently be in a Time to Pay arrangement or have previously failed one. It might be that HM Revenue are refusing to agree a plan over a realistic timescale and are threatening action.
If your business is experiencing VAT / HMRC arrears / pressure and require VAT advice or HMRC help we would like to hear from you. If you are worried that your business will miss future payments, please call 0844 704 8907 or alternatively fill in our online contact form.