If you are running a pharmacy business, you will probably know exactly what your tax bills will be and when they fall due.

But what about the retail side of your business? Takings may vary considerably from month to month, and planning ahead can be a little more difficult.

VAT or corporation tax are inevitable expenses that every business must be prepared for. Discovering that you will have a cash shortfall can be frightening.

But the problems caused by your tax bills can be long-term. Your tax liabilities can have a significant effect on your cash flow and having to earmark funds for a tax liability can mean that you are unable to invest in other areas of your business. 

Funding for growth, and even the necessary capital for day-to-day operations, becomes restricted because of the bottlenecks created by tax bills. Delaying payment is not an option. If your business doesn’t have enough working capital to pay the bill straight away, you could face heavy penalties for late payments from HMRC.

At Rangewell, we have solutions designed to help.

Tax solutions for pharmacists

A straightforward Tax Loan can help you deal with a tax bill when it arrives and presents an emergency, spreading the cost of an unexpectedly large liability or demand.

However, a Tax Loan facility can help manage the recurring expense of tax bills, allowing you to take control of your cash flow and spread the cost of your tax bill into more manageable monthly payments.

Tax Finance means that you can ensure that HMRC is paid the correct amount, on time and without causing cashflow problems, while you can spread the cost of your business tax obligations over a 12 month period.

Why you need Rangewell to set up Tax Finance

At Rangewell, we work with lenders across the entire market. We know the lenders who can offer the most appropriate lending and the most competitive rates for the Tax Finance solution you need. It means we can offer you an affordable way to deal with tax bills that come as a problem. We can find you lenders who will provide funds in under 24 hours, and can pay funds directly to HMRC if required.

But we can do much more than that. We can source flexible facilities that, once set up, will allow you to spread your tax bills, including VAT and corporation tax, across the year. It means smoother cash flow for your business and cash freed up for investment in other areas.

It means turning your tax bill liabilities into a predictable cost - and giving your business a real advantage.

Getting the solution that is right for you

Our experts can discuss your needs and help find answers scaled to fit both your turnover and your other obligations. When you call us, we can explain the options – and find you the solutions you need fast. We can help you with any type of finance for pharmacists, from jigsaw finance for pharmacists to funding for tax and more.