With the self-assessment deadline (31 January, if you have forgotten) fast approaching, one of the most common questions we hear is "What do I do if I can't pay my tax bill?" If you are struggling with paying that dreaded tax bill, whether it be your self-assessment (personal tax), corporation tax or VAT, we have some advice for you... 
Our advice is: 
1. 
 
2. 
 
 
 
3. 
 
 
4. 
Dont' panic (well not too much anyway)! 
 
Don't hide under the bed hoping it will all go away - take action! Why? - Because you will have to pay interest and possibly penalties if you pay the tax late. 
 
Speak to us - we can give you advice and if nothing else, we can listen to your concerns. 
 
Call HMRC on 0300 200 3835 (Open Monday to Friday, 8am to 8pm and Saturday and Sunday 8am to 4pm). They may be able to help you set-up a payment plan. 
 
 
 
 
Written by: 
 
Nicola J O'Sullivan -  
Effective Accounting 
 
Founder | Xero Champion | IR35 Expert 
 
 
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I couldn't recommend them highly enough and will continue to use them for Spiral Static and all future ventures! 
 
 
Matt Badley | Spiral Static 
 
 
 
I have found their help in modernising my accounts invaluable and would recommend them to anyone in a heartbeat. 
 
Matthew Finch | Trailer Aid Ltd 
 
 
 
The whole team at effective accounting are exceptional.  
 
 
 
Jennifer Duthie | Skribbies Ltd 
 
 
 
Nicola is one of the most adept and accessible accountants that I have ever had the pleasure of working with.  
 
 
Carter Stewart | Transworld Consulting Ltd 
 
 
Choosing Effective Accountants has been one of the best decisions we made when we started our company. 
 
 
Matthias Geeroms | OTA Insight Ltd 
 
 
 
Nicola and the team have proven to be extremely professional, efficient and always on hand to answer any questions I have (and I have a lot!).  
 
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I find the service to be prompt, professional and friendly. 
 
 
 
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They are quick to respond and are always ahead of the curve for us. Keep it up and thank you. 
 
 
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