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
Have you received a debt collection letter when you have a Time To Pay (TTP) agreement with HMRC?
Over the last few weeks, businesses have been receiving letters from debt...
HMRC Warning Letter of Enforcement by Distraint or a Winding Up Petition
HMRC will send a letter warning of enforcement action or a petition in the event...
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...
The powers of HMRC Bailiffs and HMRC Enforcement Officers - Can They Enter My House?
A Bailiff, HMRC officer or an Enforcement Agent has the power to take control of...
The HMRC debt collection process
HMRC is what is called a “sophisticated creditor” in that they know all the best...
What is an HMRC Notice Of Enforcement
Any creditor who is owed money has the power to serve a Notice of Enforcement if...
HMRC Debt Management Department
What is it and how can it help?
Her Majesty’s Revenue and Customs (HMRC)...
HMRC Payment Problems - Worried Directors Guide
If you are facing problems paying HMRC taxes such as VAT, PAYE or corporation...
Can't Pay Corporation Tax Bill - Due to Coronavirus Covid-19
Corporation tax is due on the profits of the business. If you can't pay the...
Late Payment of VAT and Debt Management
Being late with your VAT payments will result in a penalty, known as a...
How to get help with VAT arrears
Is your business suffering from VAT arrears? Failure to pay VAT on time can lead...