During the recession, HM Revenue and Customs (HMRC) have been willing to make ‘time to pay’ agreements with businesses struggling to meet their tax liabilities as they fall due.
However, this should not be taken to mean that HMRC are taking a casual attitude to non-payment of taxes without such an agreement. A recent report indicates that more than half of all winding-up proceedings are brought by HMRC. It is best not to delay starting negotiations with HMRC either, as a recent report by the National Audit Office indicates that a staggering 43 per cent of all telephone calls to HMRC are unanswered.
01634 811118
Taking Time to Pay Taxes - Warning
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.
Ask a free legal question
Complete this simple form if you
would like to ask us a
free legal question
What Our Clients Say
We would like to thank you for the superb work and attention to detail that has gone into our dispute with the council so far!
Our Architect put together a very professional document which was further enhanced and polished by your very professional input.
You are in fact unique in my personal experience of the legal profession in that you take your duty of care very seriously. It is obvious that the outcome concerns you greatly and your determination to win is much appreciated!
Thank you from us both.
Best Regards
Mr and Mrs X, Surrey