Sadly, cash flow strains within a business often impact their ability to keep on top of HMRC payments such as VAT and PAYE.  We have arranged many facilities for businesses with HMRC arrears, for example by helping them raise cash from their debtor book to repay the outstanding arrears or part repaying against an agreed ‘time to repay’ arrangement with the revenue.

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Prior to starting a finance application, we advise our clients to seek specialist advice and get the revenue to agree a formal repayment plan of the arrears, which enables us to present this to the lending panel accordingly.

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