Tax help offered following volcanic eruption

Business owners affected by the volcanic ash cloud and the subsequent grounding of flights have been urged to contact the tax office if they are struggling to meet payments.

In a statement, HM Revenue and Customs (HMRC) said its Business Payment Support Service was available to help companies have difficulty paying National Insurance, VAT and other business levies as a result of the recent chaos.

The scheme allows businesses to reschedule their tax payments over a longer period, relieving some of the financial pressure they are under following the recession.

When the Eyjafjallajokull volcano erupted in Iceland earlier this month, flights in and out of the UK were grounded for almost a week, leading to employee absences and supply delivery problems.

HMRC said companies suffering the after-effects of the natural disaster should contact its call centres if they anticipate tax payment difficulties.

"The sooner you get in touch, the sooner we'll be able to see how we can help," the tax office stressed. "Don't wait until your payment is overdue."

Posted by Christopher Evans

Published on: April 30, 2010

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