vat bill of 26000

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s.h

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Post by s.h » Wed Sep 12, 2007 8:40 pm
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i have a vat bill of 26000 to pay from the pub i used to run, we are now both in employment,but are struggling,can you give us some advice
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MelanieGiles

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Post by MelanieGiles » Wed Sep 12, 2007 9:10 pm
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Hi sh

Is this the only debt you have either from the business or personally? If so, you could try coming to some form of informal payments arrangement with HMRC based upon your surplus disposable income. If you have other debts as well, you may need to consider something more formal such as an IVA or even bankrutpcy proceedings.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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