A statutory demand could lead to extremely serious consequences for your business – so it is essential that you act before it becomes too late.

Why a Statutory Demand is Important

A statutory demand is usually the first official notification you will receive that your business is potentially in financial distress. If it is not dealt with appropriately, it could lead to court action and even the liquidation of your company. Should this happen, everything you have worked so hard to achieve will disappear and you could be left with nothing. 

If you are on the receiving end of a statutory demand, it is essential that you tackle the problem head-on. You will have just 21 days to pay the amount owing or arrange a payment plan and only 18 days to challenge it. 

TaxDebts understands that this must be a difficult time for you, as a statutory demand will generally precede a winding up petition. The good news is that if you act decisively, you can usually resolve the issue before it gets too serious. This is where we can help.

We have amassed numerous years of experience in helping company directors resolve their financial difficulties and we are ready to do the same for you. No matter your circumstances, we will use our expertise and knowledge of your business to recommend a tailor-made solution. Our clients are our number one priority, so we will support you all the way.

Our Promise

  • You can contact us any time, including weekends & Bank Holidays
  • Our initial consultation is absolutely free 
  • We will recommend the best solution for your company
  • We will work tirelessly to get you the best outcome 
  • We will always support your final decision

Get in Touch

Our Approach

Present All the Options

If you contact us as soon as you have received a statutory demand, the likelihood is that you will still have a lot of options at your disposal. Unlike some debt advice companies, we will endeavour to keep all your viable courses of action open for as long as possible. We will use our expertise to recommend what we believe is the best solution for your circumstances and give you breathing space to decide upon how you want to proceed. We will then support your final decision through to the end.


Treat You Like a Person

Some debt advice companies may just see you as a business, rather than an individual. TaxDebts is different. We recognise that there is a human being at the centre of it all and will treat you as such. Going through financial difficulty is an extremely stressful time and requires a great deal of support, which is why our expert team is available to assist you whenever we are needed. With TaxDebts, there is absolutely no hidden agenda.

Take a Personal Approach

At TaxDebts, we will take on your problem as though it was our own and only recommend a solution that we would follow ourselves. While some debt advice companies only look out for themselves, we are different. We place your requirements at the forefront of everything we do and will endeavour to satisfy the needs of you as a director ahead of your company. With TaxDebts, your problem is our problem – so you can rest assured that you are receiving the best possible advice.