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Book a Virtual Meeting - Free Confidential Advice
If you need help understanding the best way forward for your company, we can provide confidential free initial advice. You can book a free virtual meeting or call us on 0800 612 5448..

Vat Arrears Advice and Support

If your business requires VAT arrears advice and support? The sooner you seek help, the better.

However, be assured HMRC will not go away and pursue the debt if you fail to act!

Arrears of VAT and not having the ability are often signs of insolvency for a business.

The term “VAT” refers to ‘Value Added Tax’. HMRC collects it in the UK. However, the seller of goods charges the output tax to pay HMRC.

HMRC does not directly charge VAT.

Value Added Tax is an indirect tax collected by the seller and then paid to HMRC minus any input it may claim.

In insolvency proceedings, HMRC ranks as a unsecured creditor for any outstanding Value Added Tax owed.

The Covid-19 Pandemic and VAT Deferral Scheme.

The UK government supported businesses struggling to pay VAT. However, the VAT deferral new payment