Jeremy Karr’s Post

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Partner at Begbies Traynor Group

HMRC is the most common creditor for UK businesses and it’s easy to see why. When faced with a cash flow crunch, rather than not paying key suppliers that your business relies on, the easier option might be to delay a VAT or PAYE payment to HMRC. However, HMRC has enforcement powers that go beyond that of other creditors, which makes building up PAYE and VAT arrears a risky situation to be in. If you have VAT and PAYE arrears, you need to act quickly to get things back on track. Here’s some advice from our insolvency practitioners. https://lnkd.in/e4qNrVFF

Advice for directors with PAYE and VAT arrears

Advice for directors with PAYE and VAT arrears

begbies-traynorgroup.com

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