All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service.
These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities.
You are eligible if your business pays tax to the UK Government and has outstanding tax liabilities.
More information can be found here in this link
NUNN HAYWARD’S PLANNING ADVICE:
If you have missed a tax payment or you might miss your next payment due to COVID-19, please call HMRC’s dedicated helpline: 0800 0159 559.
If you are worried about a future payment, need to confirm the amount of taxes due or need advice on how to approach HMRC for assistance please call us on 01753 888211.
The information that we have provided is for general purposes only and therefore does not constitute professional advice. Appropriate professional advice should be sought for individual circumstances before any further action is taken.