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Time to Pay Arrangements HMRC

Debt has an immediate effect on a company’s cash flow so HMRC payments can end up getting pushed down a company’s list of priorities.

 

Bills such as wages and rent payments often seem more urgent, and consequently falling behind on payments to the HMRC can happen. This is potentially extremely dangerous for a business and a Time To Pay Arrangement is a way to avoid this risk.

 

This should improve cash flow and make critical payments such as wage and rent more bearable. A Time To Pay Arrangement also shows HMRC that you are serious about paying your tax, making it less likely they will try to take legal action against the company.

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