Timing of tax & VAT payments can often be challenging for SME Businesses in the UK. The payment dates for these types of payments can often coincide with a growth in trading or late customer payments that stretches your working capital and can put pressure on HMRC payments. If you get behind with these type of payments then it can prove to be challenging to get back “up to date”
Fortunately there are selected lenders who specialise in providing innovative funding solutions for tax & VAT payments on either a short term or longer basis, loans are for payments of £10,000 and above and each deal will be assessed on individual circumstances, rather than being computer driven decisions, so they look to assist wherever possible.
In summary, we can look to source funding for:-
- Corporation tax – Up to 12 installments
- VAT – Up to 3 months
- Self-assessment income tax – Up to 6 installments
Corporation tax & income tax to be no more than 30 days past due date and VAT no more than 14 days. We will guide you through a streamlined process and typically will look to get you a decision within 48/72 hours To find out more either call us today or fill out the enquiry form.
Click here to see HMRC’s proposals
