Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the tax position if you do not pay instalments exactly as agreed under the hire agreement?

April 26, 2017agreed Agreement hire instalments pay position tax

0

Posted

What is the tax position if you do not pay instalments exactly as agreed under the hire agreement?

1 Answer

0

Posted

If for any reason you have not made all 17 monthly payments in the amount and pattern of instalments required at the beginning of your hire agreement, the University understands that in accordance with HMRC rules, you will no longer be entitled to the tax benefits on any outstanding payments.