Can HMRC take money from your business bank account for unpaid tax?
Wondering if HMRC can take money from your business bank account? They can, but only in limited cases, using the Direct Recovery of Debts process after repeated non-engagement, as long as key safeguards are in place. The optimistic news is that early contact and a sensible payment plan usually stop that from happening ... Can HMRC take money, From your business bank account?, Fear not, pay on time Cashflow questions often become urgent when a business falls behind, and the question, “Can HMRC take money from my business bank account?” is one of the most Googled worries for directors and finance teams who've fallen behind on their Corporation Tax or VAT. The realistic answer is that yes, HMRC can, but only | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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If anything I've written in my blog post resonates with you and you'd like to discover more of my thoughts about HMRC's Direct Recovery of Debts and whether they can raid your business bank account, then do call me on 01908 774320 and let's see how I can help you. Don't forget to stay updated with our daily social media posts on Facebook. |
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