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Thursday, 10 December 2009

Time to Pay (TTP) extended indefinitely

Buried away in the news yesterday for the "Budget" was the HMRC's TTP scheme was to be extended indefinitely. Is this a genuine offer to support struggling businesses or merely a political expediency?

Either way more and more companies will try to take advantage. Our own evidence is that HMRC is now getting tougher on non compliance with TTP deals. It will be interesting to see how this pans out and what the next government will do with the easy TTP approach.

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