Скачать или смотреть HMRC Time To Pay Explained in Simple Terms

HMRC Time to Pay (TTP) is a payment plan that lets a viable business spread tax arrears into affordable monthly instalments agreed with HMRC, easing cash flow while staying compliant with current taxes.

A TTP suits companies facing short term cash pressure on VAT, PAYE or Corporation Tax but which remain fundamentally viable. Approval depends on a realistic proposal and evidence that the business can meet both the plan and all future liabilities.

What HMRC usually looks for:
• Recent returns filed and up to date
• Bank statements and a simple cash flow showing affordability
• A clear monthly amount and start date that you can sustain
• Commitment to pay new taxes on time alongside the plan

Practical pointers:
• Act early. Contact HMRC before or immediately after a missed deadline.
• Offer what you can genuinely afford and avoid optimistic guesses.
• Keep filing on time during any arrangement.
• If affordability is unclear, get specialist advice first.

Need help structuring a proposal or negotiating with HMRC?

For FREE confidential advice, get in touch today:
Website: https://www.forbesburton.com
Phone: 0808 280 6032
Email: [email protected]

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