Tax Bill Funding – Spread the Cost
Whether expected or not, tax bills can sometimes be a struggle for individuals or businesses.
Black Book Direct brings you simple and discreet access to Tax Bill Funding – an innovative product designed specifically to help.
Finding a significant lump sum on a specified date is not always easy, and even if you do have the funds, you might still prefer to keep them available – perhaps to assist with business growth, or for any other cashflow requirements.
If you would prefer to spread the cost of your upcoming tax bill, you can now access a cost-effective funding solution to do exactly that…
How Does Tax Bill Funding Work?
The process starts with a short and secure online enquiry form. The funding decision usually arrives back within just 48 hours (on business days).
Once approved, the lender’s Credit Agreement is sent for your review & signing. On receipt, the HMRC is paid directly and you then repay the lender on a monthly basis, over the term selected.
This funding is not secured against your property, although a personal guarantee may be required for bills of £100,000 or more, or if otherwise requested.
Tax Bill Funding – Key Features:
- VAT bills – 3 month term (repeated quarterly, if required)
- Corporation Tax – 6, 10 or 12 month term
- Self-Assessment Tax – 6 or 12 month term
- Unsecured – Personal Guarantees for bills over £100,000
- Transaction Fee – determined per application.
Minimum Requirements:
- 12 months trading (Accounts & Balance Sheet required)
- Corporation or Self-Assessment – max. 30 days overdue
- VAT – max. 14 days overdue
- Minimum bill = £10,000 (no maximum)
If you would like to spread the cost of an upcoming tax bill, just complete our no-obligation, secure online enquiry form today, for a swift decision.
Tax Bill Funding – Spread the Cost
Whether expected or not, tax bills can sometimes be a struggle for individuals or businesses.
Black Book Direct brings you simple and discreet access to Tax Bill Funding – an innovative product designed specifically to help.
Finding a significant lump sum on a specified date is not always easy, and even if you do have the funds, you might still prefer to keep them available – perhaps to assist with business growth, or for any other cashflow requirements.
If you would prefer to spread the cost of your upcoming tax bill, you can now access a cost-effective funding solution to do exactly that…
How Does Tax Bill Funding Work?
The process starts with a short and secure online enquiry form. The funding decision usually arrives back within just 48 hours (on business days).
Once approved, the lender’s Credit Agreement is sent for your review & signing. On receipt, the HMRC is paid directly and you then repay the lender on a monthly basis, over the term selected.
This funding is not secured against your property, although a personal guarantee may be required for bills of £100,000 or more, or if otherwise requested.
Tax Bill Funding – Key Features:
- VAT bills – 3 month term(repeated quarterly, if required)
- Corporation or Self-Assessment – 6 or 12 month term
- Unsecured – Personal Guarantees for bills over £100,000
- Transaction Fee – determined per application.
Minimum Requirements:
- 12 months trading (Accounts & Balance Sheet required)
- Corporation or Self-Assessment – max. 30 days overdue
- VAT – max. 14 days overdue
- Minimum bill = £10,000 (no maximum)
If you would like to spread the cost of an upcoming tax bill, just complete our no-obligation, secure online enquiry form today, for a swift decision.