Income Tax Loans

Chances are, you’ll have to pay income tax. Income tax is required from almost everyone who earn a personal living, although there are some exceptions. A large income tax bill can put quite a strain on a business’s funds, which is why many companies are choosing to finance their bills with income tax loans.

So, what is taxable income? People are required to pay income tax on;

  • Money earnt from employment
  • Some state benefits
  • Pensions (including personal pensions, state pensions, company and retirement annuities)
  • Any profits made from self-employment – including from services that are sold through websites or apps
  • Rental income (excluding live-in landlords who may receive less than the rent a room limit)
  • Any benefits received from a job (e.g. annual bonus)
  • Income from a trust

Income tax is no longer automatically taken from savings and investments; income tax of these must be declared through a self-assessment to the HMRC.

Income tax is not required on;

  • Interest on savings under a person’s savings allowance
  • The first £5,000 of dividends from company shares
  • Income from tax-exempt accounts, for example National Savings Certificates and Individual Savings Accounts (ISAs)
  • Some state benefits
  • Money won from the National Lottery or Premium Bonds
  • Rent received from a lodger, living in your house at the same time as you, that is below the rent a room limit

Income Tax Loans: How Do You Pay Income Tax?

Income tax loans can arrive at inconvenient times, and businesses are not always in the financial situation to be able to pay out a large lump sum at one time. Income tax loans can take away the pressure on a company’s funds by paying off the tax bill in one go, and allowing a repayment plan that suits the business. This will relieve the financial strain and buy the company some time to prepare their finances for the next bill.

Anybody who is running a business, and making payments to their employees is required to adhere to the PAYE system, and deduct class 1 national insurance and income tax where needed from the wages that they pay to their workforce. This lump sum must be sent to HM Revenue and Customs (HMRC). For many businesses who do not have a large amount of disposable income after paying their staffs wages, income tax loans are a popular solution to get them back to financial stability after their income tax bill arrives.

If you are self-employed, you are obliged to pay your income tax directly to HMRC yourself through self-assessment. This is done by filling in an annual tax return and sending it to HMRC, who will then calculate your tax bill based on those figures. Income tax loans are also a favoured option for people who are self-employed and facing their annual income tax bill.

We understand that despite the strength of your business, capital can sometimes decrease, but this shouldn’t stop you from achieving your professional goals. By tailoring our income tax loans to you we can work at reducing and spreading the costs of your income tax bill.

Income Tax Loans: The Advantages

We understand that a large income tax bill can place considerable strain on your business’ cash flow, and unfortunately they do not always arrive at convenient times in your company’s financial year. This is why, at, we can offer you a flexible solution tailored to your needs in order to meet your income tax liability.

Take the stress out of your Income Tax Bill by taking a loan from and spreading the cost over a payment plan to suit your needs. Although we recommend a 12-month facility for income tax loans, it is possible to arrange terms from 6 to 60 months.

Some of the benefits of income tax loans include;

  • Improved cash flow
  • Easy monthly repayments
  • Keeps your bank funding lines open
  • Fixed Rates
  • Fast decisions & Fast funds
  • Personal service & dedicated account manager

Why Get Your Income Tax Loans From

At, we provide corporation tax loans, capital gains tax loans and income tax loans. We have been working in this industry for over a decade and our dedicated team of financial specialists use their expert knowledge of the industry to focus on delivering exceptional customer service. We offer our customers competitive rates, along with fast credit decisions and fast funds for their income tax loans.

Our interest rates for our income tax loans are extremely competitive, and our team of financial experts do their best to make the entire process as smooth as possible for our clients. Being in a troubling financial situation can be a stressful time for a company, and we aim to eradicate this stress for our clients in a hassle-free manner. Customer satisfaction is of paramount importance to us, and approval for income tax loans can be achieved in just 24 hours, with the funds being available in a further 24 hours.

Put your income tax bill and cashflow issues behind you by applying for income tax loans. Some of the advantages of using for your income tax loans include;

  • Flexible payments, spread over a period to suit you
  • Competitive interest rates
  • Dedicated Account Manager
  • Easy fixed repayment schedule
  • Approval within 24 hours

Use our online quote calculator on this page to see an illustrative example of income tax loans. For a more personal service, please get in touch and speak to one of our Account Managers, who will be more than happy to offer any guidance and advice you may need 01536 529696.


Whilst we recommend a 12 month facility for an Income Tax Loan it is possible to arrange terms from 6 to 60 months.

Benefits of tax loans:

  • Improved cash flow
  • Easy monthly repayments
  • Keeps your bank funding lines open
  • Fixed Rates
  • Fast decisions & Fast funds
  • Personal service & dedicated account manager

Loan Example

Loan Illustration Amount:
Loan Repayment Term:
12 months
Monthly Repayments:
Total Amount Repayable:
Total Fees + Interest:
Representative APR:

Tax Loan Quote Calculator:


Use our loan repayment calculator to tell us what you want to borrow and we’ll show you an example of what you might repay.

If we make you an offer, your rate and payments may be higher depending on our assessment of your circumstances and financial behaviour. Available to over 18’s only, subject to status.

To discuss this quotation, please call our team on 01536 529696 .

*Subject to credit approval