How could this help your company?
The new helpline number is 08000 159559 and is open from 8am to 8pm Mon to Fri and 8am to 4pm on Saturdays. It will be closed on Sundays and Bank Holidays.
Chancellor Rishi Sunak said: “HMRC will scale up the time to pay service to allow businesses and the self-employed to defer tax payments”.
Up to 2,000 experienced HMRC call handlers have been seconded to the service to help support businesses and individuals in the forthcoming days and weeks virus infection is expected to escalate.
The existing HMRC helplines will remain in operation as this one is specifically for COVID-19 related enquiries. Time to Pay was also used in response to previous extraordinary circumstances including the financial crisis and flooding of various communities and offers a guaranteed time-limited deferral period on HMRC liabilities owed and a pre-agreed time period to pay these back.
Callers to the helpline will be able to agree an instalment payment arrangement; suspend pending HMRC debt collection proceedings and cancel any due penalties and interest where they have experienced administrative difficulties by contacting or paying HMRC immediately.
The NHS maintains an up-to-date website where you can find out the latest information on the virus including what to do if you think you have symptoms or if you think you have been exposed to the virus while travelling.
Time to pay
The COVID-19 pandemic is creating a unique set of challenges for government and business to overcome.
If you’re worried about your business in the short and medium term then you should get in touch with us.
We have a team of expert advisors available to arrange a convenient free initial consultation with you to discuss where you are now, what areas of your business you need to protect first and where you can strengthen elsewhere too.
We can then look at working on the most efficient and effective plan going forward to both protect your business and let you build on your foundations no matter what the future may hold.