Time to pay arrangements
If you have accumulated debt to HM Revenue and Customs and are unable to pay this as it falls due, then it is possible to they may accept a payment plan. For them to consider this, they will need to be satisfied that your business is able to pay these monies in the future, so they will want a summary of the company’s position, a summary of the company’s assets and liabilities and some cash-flow forecasts that will offer assurances that the business can afford and will be able to stick to a payment plan.
Please note: They will only consider a time to pay arrangement if there are no outstanding returns.
We can put this together for you and carry out negotiations with them to determine whether a time to pay arrangement is acceptable to them.