VAT and Tax Loans for private hospitals

If you are running a private hospital, clinic or surgery, you are running a business as well as a medical facility. You should be able to anticipate exactly what your tax bills will be, and when they fall due. But a shortfall at the end of a quarter can still mean problems with VAT or corporation tax. 

Keeping cash flow healthy

Tax is inevitable, and your tax liabilities can be large enough to have a significant effect on your cash flow. Having to earmark funds for tax liability can mean that you are unable to invest in other areas. 

Having to delay investment in new medical facilities can mean your patients suffer as well as your revenue.

If even the necessary capital for day-to-day operations becomes restricted because of the bottlenecks created by tax bills, your entire business can be put at risk. If your business doesn’t have sufficient working capital to be able to cover the bill straight away, you could face heavy penalties from HMRC for late payments.

Solutions for your hospital’s tax bills from Rangewell

At Rangewell, we have two ways to provide the funding you need to deal with tax bills.

Straightforward Tax Loans can help you deal with a tax bill when you have a shortfall and a funding emergency. 

However, a Tax Loan facility is designed to let you take control of the cost problems caused by tax bills, spreading the costs to remove the constraints on your revenue stream. this kind of facility allows you to regain control of your cash flow and lets you spread the cost of tax bills into more manageable monthly payments.

The benefits to your business are simple. Tax Finance means you can ensure that HMRC are paid the correct amount, on time, and without causing cashflow problems to your business, while you can spread the cost of your business tax obligations over a 12 month period. Financial planning becomes much more simple.

Why you need Rangewell to set up Tax Finance for your facility

There are many lenders who can offer short-term loans which could help you to deal with a problem tax bill. At Rangewell, we work with lenders across the entire market, and we can find those who can offer the most appropriate lending and the most competitive rates. 

And if it is an emergency, we can find you lenders who will provide funds in under 24 hours, and pay funds directly to HMRC if required.

But we can do more than that. We can work with you and find lenders who will set up flexible facilities that will let you spread tax bills, including VAT and corporation tax across the year. 

Getting the solution that is right for you

Our experts can discuss your needs, and help find answers scaled to fit your turnover and your other obligations. When you call us for support with finance for hospitals and surgeries, we can explain your individual options – and find you the solutions you need quickly and hassle-free.