What is Tax Funding?
Tax funding provides you with a finance solution to pay your HMRC tax liabilities, including Corporation Tax, VAT, and Self-Assessment. By spreading the cost over manageable instalments, tax funding ensures your business stays up to date with HMRC, avoiding late payment penalties and interest charges.
This approach smooths cash flow and retains working capital within your business for essential operations, upcoming projects or growth opportunities.
Types of Tax Funding Available
Providing a range of options, timely payment to HMRC and fixed monthly repayments that can start up to 1 month after the due date.
VAT Funding
Repayment Term: 3 months
Funding Amount: £5k - £5m
Corporation Tax Funding
Repayment Term: Upto 12 months
Funding Amount: £5k - £5m
Self-Assessment Funding
Repayment Term: Upto 12 months
Funding Amount: £5k - £5m
“Excellent service and I got the product I needed. Very professional and helpful service, took the time to understand my needs and got back quickly with exactly the right finance options.”
Alan Dublon, Managing Director
Dublon Insurance
Our Tax Funding Process
Application
You complete a 1 page application form and provide some basic information about the company
2
Quote
We complete some internal processing and provide you with an indicative quote for you to accept prior to submitting our proposal
3
Underwriting
The underwriting department at the selected funder receives our full proposal pack for review and approval. If the application is successful, they will make an offer of finance confirming their terms and any conditions. Any offer made will confirm the facility size, charges and interest rate.
4
Funds Released
Once the documents are signed and return the funder will complete any final checks and confirm when the funds will be released.