Spread the cost of your VAT with ease
You may already pay your insurance monthly. Now you can pay your VAT bill the same way.
Apply now
Benefits of Premium Credit financing your VAT bill
Maintaining Cash Flow
Paying your tax monthly can free up your working capital
New Line of Credit
No asset charged as security - existing funding lines are not impacted.
Already paid your VAT?
No problem, we can reimburse your invoice up to 14 days after the due date.
When you are ready to apply
You will need
VAT tax return / calculation
Latest set of filed accounts
YTD management accounts dated in the last 3 months
Main business bank statements for last 3 months.
HMRC snapshot for PAYE, Corporation tax, and VAT
Terms and conditions apply
- We will contact you within 2 business days of receiving your application.
- If approved you will receive a welcome email or we may request additional information.
- We need to hold your company information, including bank details, to provide this service.
We pay HMRC
We will fund HMRC on your VAT due date, provided your application is approved in time.
Your first repayment will be taken the month after the facility goes live.
• VAT due on the 7th: repayment collected on the 1st
• VAT due at month end: repayment collected on the 26th
Want to know more? Call us on:
0207 191 2062
About us
Premium Credit is the market leading multi-award-winning provider of instalment solutions for insurance premiums and other annually charged services including Tax in the UK and Ireland. We provide flexible payment options through our partners to over 3 million individuals and SMEs.
