If your business is facing difficulties due to being unable to pay outstanding Tax liabilities or outstanding VAT arrears you need to be talking to us NOW. If you are facing such problems it is advisable that you call us before any enforcement action is commenced by HM Revenue & Customs.

A high number of businesses have ceased to trade due to the fact that they have been burdened with Tax debts that they have been unable to pay. Some of those businesses could still be trading today if only they had sought specialist advice.

Spa Financial Solutions are strongly committed to assisting any business or individual with a tax debt problem. We are able to introduce you to a team of highly qualified and experienced tax specialists who have helped businesses with tax arrears and have successfully negotiated arrangements with HM Revenue & Customs based on current affordability.

Based on our introduction you can be confident that your business may be able to repay any outstanding tax in an arrangement that suits your business and subsequently returns your business back to a position to successfully trade once again.

The Consequences of Unpaid Tax

Her Majesty’s Revenue and Customs (HMRC) can take a number of enforcement methods to recover an unpaid tax debt. These include:

• Distraint without a court order (bailiff action): HMRC does not require a court order to visit your business premises to take away your stock and equipment, up to the value of the debt. If there are not enough goods at your business premises, staff can go to your home and take goods from there (unless you trade as a limited company). If you refuse HMRC officials entry they could obtain a warrant to break in, but this is unlikely. They are more likely to commence start bankruptcy or winding up proceedings;

• County Court Action: where HMRC will obtain a judgment against you giving their staff access to enforcement methods such as execution (bailiff action through the county court or High Court – see above), charging orders etc