Hello All, I have a client who has a cash rich business but for some reason they have/are stuggling to pay their Paye/Nic's I was wondering if anyone out there knows of any deferall techniques or any business link type help?
If the business is cash rich, then why are they having problems paying?? Just a thought.
Call the Business Payment Support Unit 0845 302 1435 which was set up specifically for business struggling to pay PAYE/VAT/Corp tax and you can make a payment plan, but just cannot defer tax indefinitely, which would also be stupid anyway.
If you go via the BPSU, there should be no charges/interest unless you default. I have been using them since the budget last year and do not know anyone who has been charged anything. HTH.
I took over a client last year whose previous book-keeper had not paid for several months leading to a large amount of arrears. When this came to light I arranged a payment plan on which we have not defaulted, however, the client is being charged interest.