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The HMRC COVID-19 Time To Pay Scheme to help with tax

The HMRC COVID-19 Time To Pay Scheme to help with tax

If you cannot pay your tax bill on time as a result of the COVID-19 the Government has 'The HMRC Time To Pay Scheme' to help you with tax payments that are due or pending.

 

Who

  • 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

 

 

 

Eligibility

 

  • You are eligible if your business:

- pays tax to the UK government
- has outstanding tax liabilities

 

What to do

 

  • If you’re worried about a future payment, please call HMRC nearer the time

 

  • If you have missed a tax payment or you might miss your next payment due to COVID-19, please call HMRC’s dedicated helpline: 0800 0159 559

 

  • How you contact HMRC depends on what you need to pay

 

  • You have to pay interest if you pay late

 

  • You may avoid penalties by contacting HMRC as soon as possible

 

  • HMRC Coronavirus Helpline: 0800 015 9559 (Monday to Friday, 8am to 8pm Saturday, 8am to 4pm)


Date available: Ongoing

Application process: Directly with HRMC Call - 0800 0159 559

NOTE: Call Charges

 

Author of this COVID-19 Business Support Hub Article

East Midland Chamber Derbyshire, Nottinghamshire, Leicestershire

Whatever the sector, shape or size of your organisation, our primary focus is to help you thrive. At the Heart of East Midlands Business News and Events.

More About East Midlands Chamber

 

East Midland Chamber

Helping your business grow – the Chamber connects you to funding, skills, new people, expert help and provides a platform where you and your business can flourish.

Connecting you and your business – the Chamber helps you access hundreds of opportunities to meet and connect with businesses in the East Midlands every year.

Providing access to skills – the Chamber can provide you with expert analysis of your current situation, connect you with fully- or partially-subsidised training or even introduce you to new talent.

Reaching and influencing the right person – the Chamber is an authoritative body which has the status and mandate to ensure your voice is heard by the right people.

International expertise – the Chamber’s award-winning International Trade team can help enable businesses at all stages of the export journey - from start-ups to multinationals - to be successful in overseas markets.

 

How to get in touch with East Midlands Chamber

www.emc-dnl.co.uk

 

COVID-19 Business Support Hub

These are challenging times for business and although our ethos is to only shout about good news, we've created COVID-19 Business Support Hub on the Love Business the website to support you with expert tips, advice and ideas from your fellow businesses to help you get through this COVID-19 crisis. 
 

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