Commentary

V7.301 Business Payment Support Service (BPSS)

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.301 Business Payment Support Service (BPSS)

Part V7 Tax planning | Commentary

V7.301 Business Payment Support Service (BPSS)

The BPSS was set up by HMRC in 2008 to assist businesses of all sizes that were encountering cash flow problems due to the economic downturn. It covers a wide range of taxes – including VAT, National Insurance and self-assessment tax.

The priority is to contact the BPSS before a VAT liability becomes due – if a time-to-pay agreement is then confirmed, this will avoid any default surcharge being incurred for the period in question.

Contact telephone number: 0300 200 3835

Opening hours: Monday–Friday 8am to 8pm; Saturday and Sunday 8 am

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