Posts Tagged ‘Trouble paying Tax

Work with the Tax-man to help with your late tax payments.

An Article that appeared in the Irish Independent, June 2012, advises Individuals and Small Business Owner to work with Revenue. The owners of small businesses and personal taxpayers, striving to survive, should approach the Revenue Commissioners when the cash flow is not there to pay their taxes as they fall due. However, this is the reality that is facing many small and medium enterprises on a daily basis.On top of concerns about maintaining sales and getting paid by customers, an additional worry they most certainly do not want is owing money to Revenue and not being able to pay it.

The Revenue has put in place a structure called a Phased Payment Arrangement (‘PPA’) to support and facilitate
Read the rest of this entry »

Tags : ,