������Ƶ

A time to pay arrangement, which may also be referred to as TTP in practice, is a negotiated agreement between HMRC and the taxpayer to allow for tax to be paid after its due date.

The guidance in this note applies to individuals under self assessment and companies paying corporation tax. It does not apply to VAT liabilities or where there is a statutory right to pay by instalments (eg for large companies).

For further details on paying VAT or corporation tax by instalments, see the following guidance notes:

1. •

   Paying VAT

2. •

   How to pay corporation tax

If a taxpayer becomes aware that they will not be able to pay their tax liability by the due date, then they, or their appointed agent, may be able to negotiate a time to pay arrangement with HMRC. Anecdotal experience from practitioners indicates that the ease with which a time to pay arrangement is agreed can vary, with some arrangements being agreed with little or no questioning, and some taking significantly