What differentiates PAYE from some other forms of tax is that this represents money which has been deducted from an employee’s salary or wage payment for the sole purpose of passing this onto HMRC.
However when a company falls into PAYE arrears this suggests that the company has utilised this money as part of its own cash flow rather than ensuring it is forwarded to the tax office to cover its PAYE liabilities. As a result HMRC are typically less patient when it comes to PAYE arrears as the company has had the ability to pay what is due yet this has not happened for whatever reason.
However, this does not mean that you will not be able to negotiate with HMRC to pay back the PAYE you owe in a manner which is affordable to you and your company. As with all encounters with HMRC, swift communication and effective negotiations are vital when it comes to getting an affordable payment plan in place.
We have the skills and experience to negotiate with HMRC on your behalf and work towards implementing a mutually agreeable payment plan in the form of a TTP.