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According to Government figures, over
60,000 businesses have agreed time to pay
tax arrangements with HMRC which total
more than one billion pounds.
The Business Payment Support Service,
which was introduced last autumn, provides
a ‘fast track’ service that offers support
to those needing more time to pay their
tax bills. Terms can be quickly agreed
over the phone.
The Right Honourable Stephen Timms,
Financial Secretary to the Treasury, said:
"I'm delighted that HMRC's Business
Payment Support Service is proving such a
huge success, already providing a cashflow
boost worth over a billion pounds to UK
businesses.
This service is delivering the kind of
tangible support that business needs at
this time. I would urge any business
anticipating or experiencing difficulties
paying their tax to call the helpline and
get a quick response tailored to their
specific needs."
If you would like to discuss the
Support Service in relation to your own
tax affairs, please feel free to contact
us.
Internet link:
News Direct press release |