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Help with Tax Problems

The deferring of business tax debts is "a time bomb waiting to go off", according to Michael Kalam who is a senior partner of turnaround company Express Tax Solutions. As an industry expert in insolvency and business recovery, she said more and more companies than ever before are resorting to (voluntary) administration over their taxes. "Companies across the UK are trading near the edge, and many are running up high debts in unpaid taxes. Many of these company's require immediate help with tax problems. Michael Kalam said claims against organisations by "HMRCs Debt Management and Insolvency Department in the form of winding up petitions and statutory demands penalty remains the single biggest trigger for directors placing businesses into voluntary administration". According to the experts the figures were something which alarmed them and looked unlikely to reduce as we near the second half of 2009. "HMRC can under certain circumstances make business owners personally responsible for a businesses tax debts. This course of action is only normal procedure however where there is solid evidence of fraud or serious financial neglect. However it is crucial for directors to monitor their company's finances early to avoid being issued with enforcement proceedings".

Very often businesses who are in tax arrears are also finding it hard to satisfy their other commercial creditors. The help with tax problems has been amplified by many UK lending institutions calling in director's overdraft and reducing the company's overall lending lending rights. This makes it absolutely essential for companies who have outstanding Tax Debts or for those who have been issued with litigation proceeding by HMRC to contact a specialist business who is able to assist.

Very often business directors are only able to temporarily halt enforcement action Express Tax Solutions is a professional tax company which aims to help industries with tax arrears resolve their tax problems in the most valuable and viable method for the company by resolving the tax problems that are affecting the business’s website design in Derby operations. The tax advisors and in house legal team work closely with the company and the tax man to make an arrangement to pay the tax liability which is more realistic to the business to help them avoid being faced with the prospect of bankruptcy. We have helped businesses in a diverse range of sectors including accountants, solicitors, hotels, travel, property, construction, public houses, e-commerce, leisure, internet, automotives, printing, manufacturing, telecommunications and entertainment. To save your business from becoming bankrupt contact the express tax solutions experts on 0121 222 2422

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