Self-Assessment Tax is due annually on 31st January, and straight after Christmas, can add another headache on top of the January blues. However, there are now options for businesses and individuals to help spread the cost of their Self-Assessment Tax rather than having to fork out one whole lump sum. Self-Assessment Funding is available and here’s how you can use it.
There are numerous funding options to allow people to pay their HMRC bill on time, while avoiding the £100 late penalty. This funding facility is fluid and flexible to meet the needs of your business, you can choose to spread the cost over 3, 6, 12, even 24 months.
Benefits of Self-Assessment Funding:
- Spread The Cost Over 3, 6, 12, 24 Months
- Best Rates
- Flexible Loan Amounts
- Unsecured Loans
- Quick Access To Funds
- In-House Lending Available
HMRC bills cannot be avoided and failing to pay them can result in hefty fines. To avoid these late payment charges, get in touch with Johnson Reed’s specialist advisors about Self-Assessment Funding as soon as you receive the bill from HMRC.
The only thing you need to consider is how long you want to spread the loan across. There are no fees payable on Self-Assessment Funding, you will just pay interest on the amount borrowed.
Contact our specialist and friendly team today on 0161 429 6949 or email us on [email protected]
