Tax Help for Sole Traders

Managing cash flow can be a struggle for many businesses due to various factors that puts financial strain on the business. Often tax debts are one of the biggest business debts on the balance sheet/cashflow forecasts.

However, whatever your situation may be, our experienced team of tax specialists can advise you on the best option for you and your business. Each business is different; therefore, our tax advice is tailored to suit the circumstances of your business.

Whether you are struggling with business or personal debts, we have a comprehensive range of solutions available which will be tailored to your business’s specific circumstances.

Our professional Tax Consultants are experts in debt management and work closely with our clients and HMRC to achieve the best possible results for your business. Not only do we help you identify the underlying exertions on your business, we devise a solution to resolve them AND manage the process until the desired outcome has been achieved.

We can assist with tax debt problems with the following Taxes: Self-Assessment, National Insurance, VAT, Corporation Tax, Capital Gains Tax, and PAYE

We can provide help with tax problems for a Business that may have –

• An upcoming tax bill that you may struggle paying
• A historic tax debt that is incurring interest
• A tax debt that has led to legal proceedings such as a statutory demand, CCJ or winding up a company.

As a sole trader, you will be at risk of being personally liable for the tax debt problems and other creditor debts accumulated by your business.

By instructing Express Tax Solutions, we can arrange a Time To Pay Plan by reviewing your all your tax debt liabilities. Our specialist tax advisors will also take into consideration other outstanding debts and see if we can assist by including those in one of our financial solution plans. We will devise a viability report of your business from which we will be able to make a more realistic and affordable proposal to HMRC to clear your tax debts in the shortest practical time frame.

We may also be able to halt any legal proceedings already issued and ensure the future of your Business, thus ensuring the livelihood of the owner, staff and community is not jeopardised.