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Thursday, 5 May 2011

Voluntary Arrangement Service and CVA's

We keep getting asked the question "How come the HMRC will accept a CVA but will not accept our proposed Time to Pay proposal?

The reasons are set out in our page on the Voluntary Arrangement Service and CVAs.  Essentially HMRC Enforcement are tasked with collecting 100% of the debt.  If this is not achievable then it gets passed to a completely different department - The Voluntary Arrangement Service or VAS.

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