Whilst working with our clients over the last few months, HMRC have demonstrated willingness to accept Time to Pay (TTP) arrangements over extended time periods than previously acceptable in order to help businesses directly impacted by Covid-19.

Support is being offered through repayment instalments at whatever level companies can afford at present, with no maximum time period set in stone (typically 12 months).

It is encouraged to make smaller payments whether weekly or monthly with the view to increase instalments if/when possible. We recommend communicating trading difficulties and paying towards arrears rather than delay, as HMRC are still implementing late payment interest and the default surcharge regime.  

Case Study – Engineering Company

HMRC Time to Pay Arrangement for £275k secured over 2 years

If you have any clients experiencing issues with HMRC, or for more information on how we can help get in touch with the Corporate Strategies team on hello@corporatestrategies.co.uk.

Back to updates

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98
Get in touch to find out more