Sterling Green - Helping you get back in control of your finances
Tax Debts FAQs
Q. What types of tax do you deal with?
A. Self assessment, Value Added Tax (VAT), Paye As You Earn (PAYE), National Insurance Contributions (NIC), stamp duty, capital gains, overpayment of working/family tax credits, underpayment of benefit in kind
Q. Is it only my tax debt you can deal with?
A. No, we can also help to reduce unsecured debts, by looking at a financial payment plan or consolidation, we can also help with loans and mortgages and our fully trained advisors will provide a quick quote based on individual circumstances.
Q. Does this affect my credit rating?
A. No, as it is not a credit agreement we are simply arranging a 'time to pay plan'. In deed, this can save your credit rating from damage as “HMRC” are less likely to pursue you for CCJ or bankruptcy as long as you continue to pay as required.
Q. Should I proceed now or wait until “HMRC” are sending threatening letters?
A. It is imperative that you do not wait to hear from “HMRC”, as their next correspondence or knock on the door could be detrimental to your business.
Q. Can you help with future liabilities so I do not find myself in this position again?
A. This is an important part of the plan and we try to ensure that you are not affected in this way again. You will pay back the debt you owe on a monthly basis together with a portion on account each month for your next liability.