Meeting the cost of VAT each quarter, particularly when payment relates, in part, to unpaid fee notes can put a real strain on cash flow.
That is why we have launched a VAT loan account enabling you to spread the cost over three monthly payments.
What is it?
The VAT loan account is a convenient and cost effective way to finance payments due to HRMC and avoid penalties
What are the benefits to your firm?
- Flexible Funding Options
You can choose to spread each of your quarterly VAT payments or simply finance VAT payments when your cash flow requires,
- A Highly Competitive Fixed Interest Rate
The interest is fixed for the term of the loan, allowing you to accurately budget and plan your firm’s cash flow.
- Additional Credit Facilities
A VAT loan from Iceberg is supplementary to any existing bank facilities that you may use.
- Payment made directly to HMRC
Iceberg will advance the loan directly to HMRC on your behalf ensuring that your VAT is promptly and avoiding penalties.
To apply online, simply login here to get immediate access to your secure dashboard. Alternatively, call us on 01202 835035 or request a call back by clicking here.
Not already registered with Iceberg?
Registration is easy. To register, simply click here and enter your details. We will send an activation email which, when accepted, will give you immediate access to your secure dashboard and a range of Working Capital Solutions specifically designed for law firms.