Specialist Tax News

Managed Payment Plans

HMRC will be introducing these in April 2011 as a new way of paying tax by instalments. What will happen is, that if you so wish, you can enter into a voluntary arrangement to spread tax payments by instalments which are balanced equally on either side of the normal due date.

This is clearly not for everyone, but it will provide a means of proper budgeting which could be useful. We will keep you fully informed of this new opportunity as details are released.

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