Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
Guides
What are the powers and responsibilities of Bailiffs and HMRC Enforcement Officers?
A Bailiff, HMRC officer or an Enforcement Agent has the power to take control of...
How to get help with VAT arrears
Is your business suffering from VAT arrears? Failure to pay VAT on time can...
I can't pay VAT or PAYE - Will HMRC give me time to pay?
What happens if we can't pay our VAT or PAYE bill to HMRC on time? What can we...
What is a Statutory Demand?
A statutory demand is a written claim for a debt against a company or...
How does HMRC collect its debts?
HMRC is what is called a “sophisticated creditor” in that they know all the best...
HMRC Notice Warning of Enforcement by Distraint | Can I stop distraint and the bailiff ?
Any creditor who is owed money has the power to serve a Notice of Enforcement if...
HMRC and VAT Time to Pay Arrangements
An HMRC Time to Pay arrangement for VAT can give you the breathing space you...
VAT Penalties and Surcharges from HMRC
If your business misses a VAT payment deadline, HMRC will begin to impose...
Late Payment of VAT and Debt Management
Paying VAT late will result in a penalty, known as a "default". HMRC work hard...
Negotiating a Time to Pay with HMRC
If you are unable to pay your taxes on time, you could try negotiating a Time to...
Paying VAT Late - Worried Directors Guide
I keeping paying VAT late and building up arrears. What are my options?