Case Study: Managing Debt – Regaining Financial Control Through Strategic Planning
We recently conducted a strategy session with a client who was feeling overwhelmed, anxious, and uncertain about his financial situation. He already had substantial liabilities from previous self-assessments, which were under HMRC payment plans.
Although he had also arranged a payment plan for his VAT, he had fallen behind on the last two quarters’ VAT payments. On top of that, he faced an impending £30,000 corporation tax bill, with no clear idea of how to manage his finances.
