HMRC tax forms(c) REX/David Cole
  The 31 January tax deadline is looming. Lisa Ball, tax partner at accountant Smith & Williamson, explains how to negotiate with the taxman when cash is tight. If you have exhausted attempts to reduce tax by using farmers’ averaging and reducing 2014-15 tax payments on account, yet the tax bill remains beyond reach, there may be scope to negotiate “time to pay”. This potentially allows you to spread the self-assessment tax bill over several months. It could be longer, […]