Tax Loan and Income Tax Finance

The Benefits of Using Income Tax Loans and Finance Options

As traditional bank finance has become increasingly difficult and time consuming to secure, our industry knowledge and expertise allows us to quickly obtain tax funding and finance for your organisation. Our many versatile funding solutions are available over terms that suit your needs allowing you to give full attention to running your business.

Our multiple funding lines, including traditional high street banks and bespoke independent finance providers, allow us to quickly access and identify the most cost effective finance facility for your circumstances and requirements.

Given the current economic climate, we feel that offering tax loans with fixed monthly payments over 3 months to 5 years terms, can give you a vital cash injection, which in turn can give you the competitive edge by allowing existing funds to be used elsewhere within your organisation. The use of finance to fund tax bills can be seen as tax efficient funding as your repayments may be offset against taxable profit.

Using tax finance can enable you to avoid the potentially costly penalties of late payment on your Tax bills. With HMRC imposing a fee of 3% interest on late payment of tax bills, for a maximum of 2 years*, a fixed monthly repayment loan can allow you to utilise your cash flow more effectively whilst avoiding costly penalties.