Tax Debts Your Tax Debt Solved

The Tax Debt Problem

Tax  and the thought of paying it can strike fear into the hearts of the best of us, however if we do not pay then the country doesn't run so sadly we do have to pay. Tax is such a thorny subject that the mere mention of a penny on or off the basic tax rate can see a political party of any colour either swept to power or swept aside and dumped come the general election.

But like birth and death, to most of us tax is one of life's few guarantees. If you are earning more than the lower income band the law states that you have to pay your taxes.tax debt problems

For many, paying tax, although an irritant is not a major problem as they are employed and their employer collects their taxes through the PAYE scheme and sends this on to HMRC (Her Majesties Revenue And Customs).

The problems usually arise for the self employed, company directors or those with just more complicated finances. They can face unexpected and sometimes large tax bills that they are unable to pay. They are then faced directly with HMRC demanding prompt payment.

HMRC and their collectors are currently chasing well in excess of £20 Billion in unpaid taxes, and due to government pressure to collect are issuing unprecedented numbers of county court summonses, destraint orders and bankruptcy petitions.

If you owe tax there are a wide range of tools that HMRC have at their disposal to make you pay:-

Tax CCJ County Court Judgements
Tax distraint order Distraint Orders (seizure of your goods)
Tax magistrates court Magistrates Court
HMRC Late payment Charges

Interest Charges

MMRC late payment penalty Late Payment Penalty Charges
Revenue attachment to earnings Attachment To Earnings Order
Inland revenure Bankruptcy Bankruptcy
Imprisonment for tax Imprisonment


So if you have a tax bill and are unable to pay it is unlikely that you will get a great deal of help from HMRC. You will usually find that your accountant will give you a little advice,and whilst he may contact HMRC for you he will almost certainly not have the time to set up and administer a payment plan.

So your On Your Own Then?

Until recently the answer to that question was yes. But now Tax Debt Solved can help with the problem and provide a tailor made solution so that you can pay your taxes in a time which is suitable to you and to HMRC. We are able to assis individuals, partnerships and corporate bodies to find a solution that will work for them.

The Tax Debt Solution

Whatever the size of your tax debt their is usually a solution available and an initial assessment with one of our trained advisors is available to you free of charge. During this assessment we will look at all aspects of your situation, from the amount you owe through to your income and expenditure and assets and liabilities. The free consultation will bring us to a point where we can advise you independently what steps to take next and set up plans and negotiations as required with HMRC.

Some of the solutions that we can use to ease your tax burden:-

Time to pay arrangement

Time To Pay Arrangements Set Up And managed

HMRC Negotiation Negotiation Direct With Your HMRC Office
Up to 3 years to pay tax Up To 3 Years To Pay
Fight HMRC bankruptcy application Bankruptcy Hearings Forestalled
loans to pay tax bills Tax Payment Loans Arranged
Pay HMRC only what you can afford Pay back Based On Your Affordability
Stop late payment tax charges Late Payment Charges Stopped



For your Free Consultation
 
Call 0845 6432954

 

Solve Your Tax Debt Today!
If you owe more than £500 in unpaid taxes or face a new bill you can't pay immediately complete this form today