0203 319 6335
HMRC debt
HMRC is the petitioning creditor behind a great many winding up petitions. It is also one of the most negotiable, if it is approached properly and early.
How a CVA works
Arrears
PAYE and VAT arrears are the usual route to a petition. Where the company is fundamentally sound, a Company Voluntary Arrangement can bind HMRC along with every other creditor and leave the business trading.
Where it is not sound, an organised Voluntary Liquidation is usually a better outcome for a director than a compulsory one — and it is often available even after a petition has been issued.
HMRC is negotiable
It is a legally binding agreement to repay over a fixed period, often at a reduced amount. It is not advertised, and the company keeps trading while it runs.
If a demand has arrived and the company cannot meet it, that is the moment to ring. Not the week of the hearing.
Tailored solutions
Where the figure itself is wrong, or the liability is not what the demand says it is.
Our barristers are in the Insolvency Courts weekly and can be instructed today.
What the company can actually carry, before anybody commits it to a repayment it cannot make.
One agreement that binds HMRC along with every other creditor, and is not advertised.
Read more on this
What we do about PAYE and VAT arrears, and when.
Read it →
A compulsory order from HMRC signifies severe distress. What happens next.
The route that binds HMRC along with everyone else the company owes.
If a petition has been issued against your company, the sooner we know the more there is to work with. Monday to Friday, 9am – 4pm.
Send a message
Insolvency consultancy
Colroger Offices, Lender Lane Mullion, Helston TR12 7AJ
info@fastspeedlegals.co.uk
Monday to Friday, 9am – 4pm
Winding up petitions County Court Judgments Company Voluntary Arrangements Voluntary Liquidations Court representation
