More than 1,800 businesses in the West Midlands have delayed paying more than £36.1 million in tax after contacting HMRC’s Business Payment Support Service in the last six weeks.
The new service, announced at the Pre Budget Report (PBR), gives businesses the opportunity to pay all their HMRC taxes, including PAYE, National insurance Contributions and VAT through payment timetables which they can afford.
The figures include 295 businesses in Birmingham, 75 in Coventry, 100 in Dudley and 55 in Solihull.
Financial Secretary to the Treasury Stephen Timms MP said: “This is providing real help to business across the whole country.
“I am delighted that HMRC has been able to help over 1,835 businesses in the West Midlands so far. This new scheme is helping businesses to stay open and keep their staff in jobs.
“I urge any business facing financial difficulty in these challenging economic times to pick up the phone and speak to an HMRC adviser. A short phone call could save hard-working businesses time and money.”