Time to Pay tax time bomb looms
30th September 2009
FIRMS that have taken advantage of HM Revenue & Customs VAT holiday are being warned to get their business in order before their Time to Pay arrangements come to an end.
According to figures more than 16,000 businesses in Yorkshire have delayed payments through the initiative worth £278m in VAT owed.
Since November, HM Revenue & Customs (HMRC) has reached more than 200,000 agreements with businesses across the country to spread in excess of £3.5bn in tax.
However, Andy Wood, a partner as T......for the full story register now for free or login below...






I suspect that HMRC will prove to have been just as irresponsible as the banks, with incautious lending of taxpayers' money.
Christopher Maslen