HMRC has been instructed to show increased leniency regarding time to pay arrangements for taxation payments and a dedicated helpline has been set up for any businesses concerned about their ability to make future payments (0800 015 9559). This allows businesses a time-limited deferral period on HMRC liabilities that are owed and a pre-agreed time period to pay these sums back. These tailored arrangements will give a business the time it needs to pay HMRC to support their recovery while operating through any temporary financial challenges that occur. To ensure ongoing support, HMRC have made a further 2,000 experienced call handlers available to support firms in difficulty. HMRC will also waive late payment penalties and late payment interest where businesses experience difficulties contacting HMRC or paying taxes due to COVID-19.
