March 20th, 2020 / Insight posted in MKS News

FT: Stovold says make that call to HMRC

In the article’s Coronavirus section for businesses, Tim Stovold advises companies to phone HMRC to agree deferred payment of tax. Tim said: “One of our clients was given a two-month payment holiday for £100,000 of taxes in a call of a few minutes. Making that call will give businesses breathing space and avoid workforce cuts any earlier than is absolutely necessary.”

Full article here (subscription needed) and here.