Struggling to pay your VAT?
Struggling to pay your VAT? You are not alone…..
- Is your company struggling financially?
- Get help before it’s too late!
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In 2023, tens of thousands of UK business per month were also unable to settle their VAT. A common solution for this is a Time To Pay Arrangement (“TTP”), that spreads outstanding VAT arrears in to manageable payments over time, which is affordable to the company and acceptable to the VAT collector. This is often subject to proving affordability and even if accepted can still prove difficult to settle in new agreed timeframes.
Sometime, TTP are either rejected outright or turn out (in time) to be unachievable. There are alternative options available to save your business or, if appropriate, close it down in an orderly manner.
SFP are an award winning restructuring firm of specialist that can guide directors through financial difficulties.
Complete the form to speak to one of our specialist consultants today and get help on the way forward