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Time to Pay...

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    #11
    Time to pay

    Getting back to the original question - yes, the government has introduced a "Business Payment Support Service" to assist businesses who are having difficulty meeting payment deadlines for tax. I have a few clients who have taken advantage of this and, so far, we have found them to be very accomodating. Note that interest will be paid on the late tax and I think they will want to set up direct debits to ensure the payment schedule is met.

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      #12
      What's the deal. Do you get sent to jail if you spend company money that ought to have been paid in corporation tax?
      Or do they just make the company and/or you bankrupt?

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