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What Is VAT Funding?
When a quarterly VAT payment is looming and there’s limited cash in the business to pay this bill, access to additional finance can be a life-saver.
VAT funding enables you to smooth your quarterly bill into 12 monthly payments, by providing your company with a short term business loan. This loan provides the liquid funds needed to settle your VAT bill, boosting the company’s overall cashflow position. With smart use of VAT funding, coupled with hands-on advice from your accountant or tax adviser, it’s possible to smooth out the VAT tax cycle and strengthen your business balance sheet.
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