Administration is being brought up to often.
To many fans don't get that this could be the end of Wednesday.
HMRC and Corporation Tax Debt.
Failure to keep up with your obligations to HMRC, including corporation tax, will initially see you hit with financial penalties thereby increasing the amount you owe and exacerbating the issue. Charges will be levied from the moment your payment is late and interest will begin to accrue so it is vital you adhere to your payment deadline if you are in a position to do so. Continued late payment will see further action taking place through distraint, the issuing of a statutory demand, or even a winding up petition.