Asset Finance · Yorkshire

Corporation Tax Loan

Spread your corporation tax bill over months instead of paying it nine months and a day after year end.

Whole-of-market — 60+ lenders searched
All credit histories considered
Decisions in as little as 24 hours

Whole-of-market — 60+ lenders searched, including

BarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP ParibasBarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP Paribas

A corporation tax loan spreads your CT600 liability across an agreed period rather than requiring it in a single payment. The tax reaches HMRC on time, you stay compliant, and the cost is smoothed over the months that follow.

What you can fund

CT600 liabilities

Spread over 6-12 months typically.

Year-end timing

Structured around your accounting date.

HMRC paid in full

Compliance maintained, no arrears.

Where TTP refused

An option when HMRC has said no.

Multiple liabilities

CT, VAT and PAYE on one facility.

Fast arrangement

Days rather than weeks near a deadline.

Why corporation tax causes cash flow problems

Corporation tax is due nine months and one day after your accounting year end. By then the profit that generated it has usually been reinvested — in stock, equipment, hires or growth. The liability is real, the money has been put to work, and the deadline does not move.

Profitable, well-run companies hit this every year. It is a timing problem, not a solvency one.

How corporation tax funding works

The lender advances the amount of the liability, HMRC is paid in full and on time, and you repay over an agreed term — commonly six to twelve months, sometimes aligned so it clears before the next year’s liability falls due. Corporation tax finance is unsecured, so it is assessed on your accounts and trading rather than on an asset.

Can you pay corporation tax in instalments?

Directly with HMRC, only through a Time to Pay arrangement — which has to be requested, is granted at HMRC’s discretion, and is not guaranteed. Very large companies pay quarterly by law, but most SMEs face a single payment. A corporation tax loan is the route to instalments where HMRC has said no, or where the terms offered are too tight.

Try HMRC first

We would rather tell you this than have you find out later. HMRC Time to Pay has no arrangement fee, and if you qualify it is cheaper than borrowing. Ring them before you ring us. Come to us if they refuse, if the period they offer does not work, or if you would rather keep the arrangement off your compliance record.

What lenders look at

Filed accounts, current trading, the size of the liability relative to turnover, and your payment history with HMRC. An existing Time to Pay arrangement or a history of late filing makes this harder — not impossible, but harder, and we will say so before applying.

What it costs, honestly

More than asset finance, because nothing secures it. The cost is a percentage of the liability spread over the term. We will show you the total cost, not just a monthly figure, so you can weigh it against what the money is doing instead.

See also: tax and VAT funding generally, or HMRC Time to Pay explained before you borrow.

How it works

Tell us what you need

One quick conversation about the asset and how the repayments need to work.

We search 60+ lenders

As an independent broker we find the right structure and rate — not one lender’s products.

You get funded

Indicative decisions in as little as 24 hours, then we manage it through to payout.

Estimate your repayments

Hire Purchase illustration at a representative 8.9% APR — a quick guide only; your actual rate depends on the asset, term, deposit and lender.

Amount £25,000

Term 48 months

Approx. monthly£—

Apply for this

Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a representative 8.9% APR, you would repay around £617 a month; total amount repayable approximately £29,610. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and may receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval. CW Asset Finance is an Appointed Representative of Rural Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630701).

Frequently asked questions

What is a corporation tax loan?

A short-term facility that spreads your CT600 liability over an agreed period rather than paying it in one movement. HMRC is paid in full and on time; you repay the lender over the following months.

Can I pay corporation tax in instalments?

Not as standard. HMRC offers Time to Pay arrangements at its discretion, which must be requested and are not guaranteed. Very large companies pay quarterly by law, but most SMEs face a single payment.

Is a corporation tax loan cheaper than HMRC Time to Pay?

Usually not. Time to Pay has no arrangement fee, so if you qualify it is normally the cheaper option. A loan suits situations where HMRC has refused, the period offered is too short, or you want certainty rather than a negotiation.

What do lenders assess?

Filed accounts, current trading, the liability relative to turnover, and your HMRC payment history. Late filing or an existing Time to Pay arrangement makes it harder, though not always impossible.

How much does corporation tax funding cost?

More than asset finance, because it is unsecured. The cost is a percentage of the liability spread across the term. We will show you the total cost before you commit, not just the monthly payment.

Can I fund corporation tax and VAT together?

Often yes. Where both fall in a similar period they can sometimes sit on one facility, which is simpler to manage than separate arrangements.

Do you cover my area?

Yes — CW Asset Finance is based in Tadcaster and works with clients Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire, as well as nationwide.

Get your quote

Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.

Prefer to talk? Call 07581 364281 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.