Self-Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax.
Tax is usually deducted automatically from wages, pensions and savings.
People and businesses with other income, like the self-employed and company directors, must report their income in a tax return every year and pay whatever is due. This is called Self-Assessment.
Are you in arrears with your self-assessment payment or will you struggle to pay an upcoming bill?
HMRC will sometimes agree a “time to pay” arrangement with you if you are unable to pay your tax bill. This is something that you can arrange directly with HMRC. However, if you are not familiar with HMRC debt management staff or procedures you may not get a positive result or a lengthy time to pay. We are very familiar with HMRC debt management staff and procedures and we have the email addresses, direct telephone lines and in some cases the mobile phone numbers for over 100 staff at different levels of seniority and within different departments at HMRC. We deal with them daily and often achieve agreement to repay outstanding HMRC arrears when previous attempts have failed and even when previous time to pay arrangements have failed. We will also, in most cases, get a much longer payment plan than you would be able to achieve.
What happens if you don’t pay?
Self-assessment tax is a personal tax, and the debt belongs to you. If you do not pay, HMRC have a lot of powers available to them to collect the tax including:
- Sending a Field Force Agent to your house (unannounced) to collect the debt or start the process of seizing your assets.
- Making you bankrupt
Do not suffer any longer having sleepless nights, dread opening the post or answering the phone or the door. Give us a call now and we will see if we can assist you in any way. Our initial discussion and first meeting are totally free of charge, without obligation and totally confidential.
Please call now (24/7/365) on 0161 825 8094 or freephone 0800 980 2662 or click on the “arrange a callback” button at the top right of this website, complete your details and we will ring you back.