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Click ‘Get Form’ to open the PPA1 application in the editor.
Begin by filling out the 'Business and Tax Details' section. Enter your business name, tax reference number, and contact details including phone and email.
In the 'Details of Tax Debts' section, specify the taxhead and provide details of any outstanding periods along with the total amount owed.
Proceed to the 'Payment Proposal' section. Here, outline your proposed payment schedule, including down-payment, duration, and monthly payment amounts.
Next, complete the 'Repayment Capacity' section by providing information about your bank accounts and current lending commitments. Ensure all financial institutions are listed accurately.
In the 'Demonstration of Business Viability' section, clearly articulate why you believe your business can meet its debt obligations moving forward.
Finally, review all sections for accuracy before signing the declaration at the end of the form. Ensure that all supporting documentation is attached as required.
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