COVID-19 TIME TO PAY SERVICE ANNOUNCED
24 Mar 2020
Published in: Black Country Chamber of Commerce News
Information on HMRC's Time to Pay service
What is it?
All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service.
These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities.
Are you eligible?
You will be eligible if:
1. Your business pays tax to the UK Government
2. Your business has outstanding tax liabilities
How is it accessed?
If you’ve missed, or are worried about missing, your next tax payment due to coronavirus, please contact HMRC.
You can also call the HMRC helpline for advice on 0800 0159 559.
For more information on late payments, check with HMRC
If you’re worried about a future payment, please call HMRC nearer the time.
When can the service be accessed?
The service is accessible support now.
More information can be be found here.
The Chamber will continue to monitor these developments and provide indepth analysis as we learn more. Businesses can contact the Chamber's support line on 01902 912 322
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