43 Services, 28 Articles, 53 News Articles and 5 FAQs
We have a collated HMRC letters a director with a company in distress may receive and how to interpr...
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Scottish Director Guide for Company Problems Including HMRC, VAT, Tax and PAYE....
Need a thorough understanding of limited liability partnership debts in relation to your creditors a...
Watch our short video on HMRC pressure, winding up petitions, orders, distraint notices and bailiffs...
The team at Real Business Rescue can offer help, advice and support on making arrangements to catch ...
A Notice of Distraint by HMRC means that you have been asked to pay overdue taxes and have not respo...
Receiving a Letter from HMRC about a Winding Up Petition, This is a serious issue and needs prompt a...
If your company is struggling with HMRC arrears, such as non-payment of VAT, corporation tax and/or PAYE, the last resort for HMRC in chasing these debts is to use the services of a debt collection agency....
Dealing with HMRC bailiffs can be quite stressful if you don’t under their rights. It is not withi...
Have you received a Distraint Notice and Inventory HMRC letter and need advice on what to do? read ...
Managing your exit from a company without contravening HMRC's TAAR regulations can be tricky; RBR Ad...
HMRC can be traditionally difficult to contact; particularly when trying to get through to a specifi...
If your company is going under with business debts, speak to our professional team of experts to und...
Have you received a HMRC Distraint Notice and Inventory Checklist Letter. Here we interpret what tha...
Have you received a HMRC Winding Up Warning Late Stage Debt Resolution Letter? Here we look to expla...
Received an Overdue VAT Payment – HMRC Debt Management & Banking Letter? We look to explain what...
Bury Football Club has been issued with a winding up petition by HM Revenue & Customs (HMRC) in relation to money it owes the UK’s main tax-gathering body....
Final Proof of Debt Letter from HMRC Inland Revenue. Understand what a creditor is claiming again...
7 Day Warning Letter from HMRC - Winding Up Petition - Debt Management Enforcement & Insolvency. Rea...
Have you received a HMRC Debt Management & Banking – Overdue Corporation Tax Letter? Here we inter...
View our video on liability for debts for company directors including references to overdrawn direct...
Watch as Real Business Rescue explain the rules and procedures of HMRC Time to pay arrangements . Co...
The League Two football club Northampton Town has been issued with a winding up petition by HM Revenues & Customs (HMRC) in relation to its sizeable unpaid debts. ...
HMRC Receivables Management Debt Collection / Distraint Levy Letter. Paying the debt in full and th...
HMRC charge interest daily on late VAT and PAYE, so how much will you have to pay if you’ve missed...
What is a HMRC Time to Pay arrangement and why would a company need one?...
Being served a distraint order notice is no laughing matter as HMRC can seize your possessions to re...
For the vast majority of companies struggling with mounting financial pressure, money owed to HMRC for tax arrears is likely to form part of the problem....
Under Pay As You Earn (PAYE), employers are required by law to set up a recognised payroll scheme that captures information on employee payments, including salary and wages, bonuses and statutory sick pay....
Thousands of British banking and IT sector contractors could be repaid significant sums of money they were obliged to pay by HM Revenue & Customs (HMRC) last year after receiving accelerated payment notices (APNs)....
HMRC Objection to Company Strike Off Local Compliance CT Operations letter. Understand the tax oblig...
Limited company liability protects the company director from being held personally liable for compan...
HM Revenue & Customs (HMRC) is increasingly focussing on processes relating to cross-border payments...
Dozens of high profile football players are under scrutiny from HM Revenue & Customs (HMRC) in relation to potential irregularities in their tax affairs, the organisation’s chief executive Jon Thompson has explained....
Bolton Wanderers Football Club is looking to raise as much money as possible in an effort to stave off administration with a court hearing that could decide its fate a matter of days away....
Demands for upfront payment of disputed tax amounts have seen HMRC recover an extra £1 billion in revenues for the Treasury, it has been revealed....
Watch RBR's video on dealing with HMRC debts & arrears including VAT & PAYE. Contact us today to see...
HMRC has backed down and is to withdraw hundreds of Accelerated Payment Notices (APNs) it issued recently to businesses and individuals around the UK....
HMRC has collected roughly £3 billion as a result of sending out close to 60,000 Accelerated Payment Notices since 2014....
An inability to defend a winding up petition from HM Revenue & Customs (HMRC) has seemingly brought about the sudden collapse of a construction sector contractor with an annual turnover of roughly £80 million....
Anyone who finds themselves in receipt of either an accelerated payment notice (APN) or a partner payment notice (PPN) from HM Revenue & Customs (HMRC) should consider the validity of the associated demands before making payments....
A cash flow crisis and mounting debts have left Bolton Wanderers Football Club in real danger of entering administration....
A large building supplies company based in Hull has submitted a winding up petition against a Macclesfield-based interior design business in relation to sizable unpaid debts....
HMRC are responsible for collecting numerous taxes from both companies and individuals in the UK....
Real Business Rescue discusses the potential for directors to face personal liability for company de...
When a company is running out of money and HMRC bills are mounting up, should directors be looking to borrow time, money, both or neither? What options are available to you at this stage? How can you put an end to HMRC pressure and turnaround your bu...
If you’re struggling to pay business tax debts, it may be possible to negotiate with HMRC for extra time to pay....
Real Business Rescue can help you in your dealings with HMRC. We have extensive experience of HMRC inspections and can negotiate with them on your behalf....
As the director of a company which is failing due to unmanageable amounts of debt, you may be considering liquidation in order to start a new business, without the worry of outstanding debt, poor reputation and unhealthy relationships with creditors....
If HMRC make contact with you it’s important not to ignore them, but to respond as quickly as poss...
When you can’t afford to pay business debts, creditors might choose to appoint bailiffs to recover their money. What options do you have at this point?...
Find out how to contact HMRC for advice about calculating, reporting and paying VAT, corporation tax and payroll, and also the different payment options for these. We also provide information about HMRC call waiting times....
Deciding whether or not to wind up a failing company can be a difficult decision, especially when you’re concerned about the legal ramifications and hassle involved when winding up a company with debts. You may be wondering if it is possible......
If you’ve fallen behind with your business tax or National Insurance liabilities, you may have been able to negotiate a Time to Pay (TTP) arrangement with HMRC....
Also known as a distraint officer, a HMRC field force officer is used when a company fails to keep up with their obligations to HMRC and subsequently accrues VAT or other tax arrears....
From friendly reminders to threats of legal action, the debt collection process is often a long and arduous journey for business owners. ...
If your company falls behind with tax payments to HMRC, they will waste little time in taking action against you. But what sort of action can you expect?...
The HMRC Fraud Investigations Service (FIS) is an elite group of tax evasion and tax fraud investigators....
In many cases your company is only as good as your supply chain; however this can also be one of the riskiest parts of your business. Identifying and mitigating supply chain risks can be crucial to avoiding bad debts and ensuring your company’s ...
A HMRC security bond is best imagined as a deposit which protects HMRC in case your business is unable to keep up with its tax responsibilities....
In December 2020, HMRC restored its position as secondary preferential creditors in insolvency processes. What does this mean for unsecured creditors?...
If your company’s working capital relies largely on credit sales, debtor balances become a crucial part of the cash flow cycle. ...
In this article from Real Business Rescue we discuss priority and non-priority business debts to help you focus attention where it’s most needed. Read more....
Paying taxes is a major part of being in business, which is why HMRC are the biggest creditor of bus...
Bad debts can be a particular problem for SMEs, quickly leading to financial distress if the situation is not quickly addressed. ...
Using personal credit cards to pay off company debts or loaning money to your own business can seem ...
Knowing if you are liable for your wife's or husband's company debts is a worry for any spouse, Lea...
There are many reasons a director may want to resign from their post and move on from their company. This could be due to retirement, relocation, or simply a desire to move on to a new venture....
Paying taxes is a major part of being in business which is why HM Revenue and Customs (HMRC) is one ...
Whenever you have dealings with HMRC, your best course of action is always to be as open, honest, and cooperative as possible....
Nobody likes an unwelcome knock at their door; particularly from HMRC tax inspectors. So here's how ...
HM Revenues & Customs (HMRC) has revealed a definitive list of what its experts consider to be the worst excuses for being late in sending in tax returns....
An extensive audit of Apple Europe’s UK operations by HMRC has resulted in the consumer technology giant paying an extra £137 million to the British tax authorities....
As many as 890,000 people around the UK are in line to be fined by HM Revenue & Customs (HMRC) for failing to complete their self-assessment tax returns....
Efforts to limit and reduce the scale of VAT underpayments among SMEs throughout the UK netted HM Revenue & Customs (HMRC) an extra £3.3 billion in revenues during the past 12 months....
The number of winding up petitions sought by HMRC over the course of last year increased by 21 per cent to reach a five-year high. ...
Enquiries into potential underpayment of Value Added Tax (VAT among small and medium-sized enterprises (SMEs) by HM Revenue & Customs (HMRC) delivered the UK’s tax-gathered body an extra £3.5 billion....
The number of legal cases brought against HMRC increased by as much as 36 per cent over the course of last year....
An HMRC crackdown on the underpayment of VAT among SMEs throughout the UK has brought in extra £3.4 billion for the Treasury. ...
As many as 780,000 small and medium-sized enterprises could be at risk of failure unless steps are taken to recapitalise the debts they’ve taken on to survive the Covid-19 crisis....
Having small business owners provide tax-related information every quarter would add notably to their administrative burdens and increase the cost of doing business in the UK, it has been claimed. ...
Small and medium-sized enterprises (SMEs) around the UK are being particularly impacted by HMRC’s clampdown on errors relating to payroll taxation....
A higher percentage of men than women file late self-assessment tax returns in the UK on an annual basis, HM Revenue & Customs (HMRC) has revealed. ...
Macclesfield Town Football Club has been wound up in the High Court in relation to debts owed by the business amounting to around half a million pounds....
Bolton Wanderers has been issued with a winding up petition from HMRC that marks the latest flashpoint in an apparently ongoing saga of serious financial difficulty at the football club. ...
Operators within the UK’s construction sector will soon be required to account for their VAT liabilities in a different way....
The Premier League football player Glenn Murray and his wife Stacey have both been arrested as part of an HMRC investigation into possible tax fraud. ...
An unprecedented number of applications were made for judicial reviews against HMRC during 2016, according to the London-based law firm RPC. ...
HMRC has significantly increased the scale of money it pays to private debt collectors in pursuit of unpaid taxes over the past several years....
HM Revenue & Customs (HMRC) is initiating a crackdown on businesses that operate via the E-commerce platforms Amazon and eBay but do not pay taxes as they should....
Investigations into payroll arrangements among companies across the UK brought in around £819 million to the Treasury during the 2016/17 tax year. ...
HMRC is urging companies across the country to prepare for a scenario in which the UK leaves the European Union without having agreed a deal on the terms of its exit....
A new team of HM Revenue & Customs (HMRC) operatives have been instructed to clamp down on companies that fail to pay their staff the National Minimum Wage....
Dozens of former professional football players are among the recent recipients of Accelerated Payment Notices (APNs) from HM Revenue & Customs (HMRC)....
An FBI-style ‘Most Wanted’ list of the UK’s foremost tax fugitives has helped ensure that five of the country’s top tax avoiders have been found and returned to serve prison terms for their crimes. ...
The rugby league club Bradford Bulls has been entered into administration after failing to reach an agreement with HM Revenue & Customs (HMRC) in relation to a £350,000 outstanding tax bill....
HM Revenue & Customs (HMRC) is increasingly focussing its enquiries in relation to corporation tax issues in the UK on the affairs of small and medium-sized enterprises (SMEs)....
Fraud investigations carried out by HMRC brought in a total of £5.47 billion to the Treasury over the course of the most recent tax year....
HM Revenue & Customs (HMRC) has been busily clamping down on processes through which British companies avoiding paying payroll taxes via umbrella companies....
A clampdown on non-payment of taxes associated with cigarettes and alcohol sales has seen £1.63 billion collected by HMRC over the past 12 months....
The growth of what has become known as the gig economy is costing HMRC in the region of £75 million in lost tax revenues every week, it has been claimed....
According to Daily Mail Duncan Bannatyne Sees Red As Debts Hit £122 Million, find out all the latest news at Real Business Rescue....
The internet search engine and services giant Google has agreed to pay £130 million in back taxes to HM Revenue & Customs (HMRC) following a six-year inquiry into its tax affairs....
HMRC has been promised an extra £800 million in government funding over the next five years to support its efforts aimed at clamping down on tax evasion and non-compliance....
The number of winding up petitions being issued by HM Revenue & Customs (HMRC) across the UK increased by around 12 per cent over the course of last year....
Appeal court judges have ruled against the recruitment firm Reed in a case relating to a £158 million tax bill....
The owners of the café chain business Patisserie Valerie is in the midst of a very serious financial crisis and on the brink of collapse after having received a winding up petition from HMRC....
Crisis hit Bolton Wanderers Football Club has been issued with a winding up petition by HMRC over unpaid taxes, with the club now facing a battle to avoid administration....
HMRC is increasingly targeting senior company executives with fines in its efforts to clamp down on corporate accounting irregularities and failings. ...
HM Revenue & Customs (HMRC) is being urged to make changes to guidance relating to its flat rate VAT schemes for small and medium-sized enterprises (SMEs)....
Local councils in England are referring business rate debts to bailiffs at a rate of more than 200 each day, according to a recent investigation....
HMRC has withdrawn a total of close to 6,000 Accelerated Payment Notices (APNs) in recent years after accepting that they may have been sent in error. ...
HM Revenue & Customs (HMRC) officers have raided the offices of two of England’s largest and best known football clubs over issues relating to suspected income tax and national insurance (NI) fraud. ...
The government has announced plans that will see HMRC become a secondary preferential creditor in instances of corporate insolvency across the UK from April 2020....
Bolton Wanderers Football Club has been told by a High Court judge that it has two weeks in which to settle its debts or it could be issued with a winding up order and sent out of business....
Loans taken on by companies as emergency measures during the COVID-19 crisis could be viewed much like student loans and only repaid once certain financial thresholds have been reached....
HMRC applied to see more than 4,000 UK companies closed down over the course of 2018 and is being too aggressive in its pursuit of tax-related debts....
Changes to HMRC’s plans for off-payroll tax rules will be of “little comfort” to the many cont...
A BBC Panorama transcript has documented how Formula 1 boss Bernie Ecclestone avoided a £1.2bn tax bill by reaching a £10m settlement with HMRC....
At least two players for Manchester United are reportedly being probed by HMRC as part of a wider investigation into tax planning arrangements common within the football industry....
Accelerated Payment Notices (APNs) sent by HM Revenue & Customs resulted in the payment of close to a billion pounds by big companies from across the UK over the course of the year to April 2016. ...
The frequency with which HM Revenue & Customs (HMRC) is stepping in to seize assets of companies who are heavily in debt increased sharply over the past year....
A list of the 10 most curious and least persuasive excuses given by employers for failing to pay their staff the National Minimum Wage has been published by HM Revenue & Customs (HMRC)....
Hereford United Football Club and its directors have been given 2 weeks to settle outstanding debts or face being dissolved after a winding-up petition....
The first question we would ask you is whether or not you have ever been late paying VAT in the past...
As a rule of thumb, you can count on the taxman to be contacting you quite quickly if you are in arr...
As a company director when it is apparent (or should be apparent to a reasonably competent company d...
HMRC are by far the largest creditor of businesses in the UK. In many instances where a company is e...
Depending on the nature of your business and the quality of your debtors invoice finance may be the ...
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4th March 2021
Chancellor Rishi Sunak has announced that the furlough scheme for employers and the business rates holiday for commercial property occupants in England are both to be extended while the Covid-19 crisi
3rd March 2021
Last March, unprecedented times called for unprecedented measures, with the government announcing a raft of financial support packages to help both businesses and individuals as the Covid-19 pandemic
25th February 2021
A ban on evicting commercial tenants is set to be extended into the summer as part of a broader package of support measures set to be announced by chancellor Rishi Sunak.