Time to pay arrangements

By Tolley
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The following Personal Tax guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Time to pay arrangements
  • Negotiating the arrangements

If the taxpayer becomes aware that he will not be able to pay his Self Assessment tax liability by the due date, before contacting HMRC to arrange time to pay he is expected to have:

  • approached his bank / building society to see if it will support him through his cash-flow difficulties
  • looked at his outgoings to see if he can reduce or stop any non-essential expenditure
  • approached his debtors to see if he can be paid more quickly

Once either he has exhausted these options or the payment deadline will be missed before he has a chance to explore these possibilities, he (or you as his agent) should contact the HMRC Business Payment Support Service on 0300 200 3835 (8am to 8pm Monday to Friday and 8am to 4pm at weekends, excluding bank holidays).

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HMRC will expect the taxpayer to explain:

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