VAT Arrears


9

Jun

What Happens if Your Company Doesn’t Pay its Taxes on Time?

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Posted by:     |     Category: Blog, HMRC, VAT Arrears
What Happens if Your Company Doesn’t Pay its Taxes on Time?

An important part of running a business is ensuring that your company keeps up to date with its taxes. UK companies need to pay a range of taxes, from Corporation Tax on profits to Value Added Tax (VAT) on products and services sold. Failing to pay your company’s taxes can have a range of consequences. Should your company fall behind on its taxes, it faces the possibility of action from HMRC, including the possibility...


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