In short
Tax arrears are often not real: they arise from misdirected payments or errors in returns. Financify first reconciles with the tax authority to establish the true figure, offsets overpayments, recalculates interest and builds a plan to settle what remains.
Why it happens
- A payment went to the wrong tax
- An error in a return
- A cash shortfall
What happens if you do nothing
- Account freezes and enforced collection
What we do
- 1
Reconcile
We establish the real debt.
- 2
Offset
We offset overpayments.
- 3
Plan
A repayment plan for the balance.