Tax and VAT funding for legal and professional practices

Take control of your tax bills

Spread your tax bills across the year

Every business feels the pinch of an upcoming tax bill. Wesleyan Bank's tax and VAT funding can help make the inevitable more manageable.

  • Get an unsecured loan to fund your tax liability
  • Spread the cost of your partnership or LLP income tax bill over 6 or 12 months
  • Spread quarterly VAT payments over 3 to 12 months
  • Keep your capital for other important areas of your business

Tax funding from Wesleyan Bank

Tax is one of life’s few guarantees. And when the bill inevitably arrives, it can put real pressure on your practice cash flow.

Wesleyan Bank can help take those worries away. Our income tax funding loans for LLPs and partnerships allow you to pay your tax liability up front, then pay us back monthly for up to a year.

So, you can retain cash in your business - and keep investing in your firm’s future.

Find out how to make the most of business funding in our guide to demystifying tax.

VAT funding

As well as providing income tax funding, we can help legal, accountancy and other professional firms spread the cost of VAT bills.

We offer flexible, unsecured loans to spread your liability over 3 to 12 months. It means predictable, manageable monthly payments rather than a quarterly crisis.

Why Wesleyan Bank?

Wesleyan Bank is the only strategic partner that provides finance to The Law Society of England and Wales' members. We have the experience and knowledge to support your legal practice, not just now but in the future.

That goes further than tax funding, too. We can also help you with things like professional indemnity insurance loans, plus asset finance, practising certificates funding and more.

Important information

Wesleyan Bank acts as both a lender and a Broker. Where we act as a broker, loans are provided by a single lender. We receive a commission payment calculated as a percentage of the overall loan value from the lender. This commission payment does not impact the final amount that you pay for borrowing.

Written quotations are available on request from Wesleyan Bank Ltd. Credit facilities are subject to status and only available to UK residents over the age of 18. Wesleyan Bank Ltd reserves the right to decline any application.

Depending on the circumstances and where required by law, loans will be regulated by the Financial Conduct Authority and the Consumer Credit Act.

The Law Society a professional body whose registered office is situated at 113 Chancery Lane, London, England WC2A 1PL. Telephone: 020 7242 1222, www.lawsociety.org.uk. The Law Society is an introducer appointed representative of Wesleyan Bank Limited.