Corporation Tax & VAT Funding
It's that time again, an unwelcome but necessary dent in your cashflow is imminent......but that doesn't have to be the case! Did you know that you could spread the cost of your annual corporation tax and quarterly VAT bills?
At GrowNorth we work with a number of funders that offer facilities designed to help to smooth your cash flow and free up your capital for investment in other areas of your business.
Corporation tax loans are available over a maximum period of 12 months, whilst your VAT can be spread in equal instalments across 3. Payments are made directly to HMRC on your behalf by the required dates.
So, could you put your available cash to better use through utilising these types of facilities ? Many UK businesses of all shapes and sizes benefit from this little known yet highly effective option.
Please contact us for more details and see if this could work for you.