Spreading your tax burden over a fixed terms with affordable re-payments

Instead of paying your tax bill in one payment, you can borrow the amount to cover your bill, where often the funder settles your bill with HMRC directly. You will re-pay the amount borrowed over a fixed period, usually twelve- to eighteen-months, though shorter terms can be negotiated. This has the benefit of knowing what you need to pay each month. As you won’t need to pay the balance in one lump sum, your liquidity can be used for other investments, especially if your tax liability is significant.