Tax and VAT Funding
At Brooke Lee James we are experts on managing the cash flow peaks and troughs that firms experience.
This means one of the options we can provide to help stabilise this is to provide monthly payment options throughout the year for any trading liability.
The easiest facilities for firms to use us for are Tax installment options over 6 and 12 months to cover January and July’s installment as well as Corporation Tax payment schedules.
Also rolling renewable VAT facilities allow the quarters liability to be split into 3 equal monthly payments.
Monthly payments fixed so you know where you are
Choose to cover the whole bill or a portion
Renewable facility available to cover the next requirement (if payments are maintained on time)
Eases cash flow as the turnover of the business supports the payments over time and you retain working capital for the firm
Interest element is tax deductible by being written into your accounts as an expense (Your Accountant will confirm how this works in relation to your specific circumstances)
Protects existing bank facilities
Let us know your liability and we will send through a free no obligation illustration for you to consider, send your details to the team.