Rent arrears repayment plan
Plan monthly instalments separately from ongoing rent. The parties must agree the plan. Across all four nations dates follow the first payment day, using month end in shorter months.
Worked example
£1,000 at £150 gives six £150 instalments and a final £100.
Use an agreed arrears balance, separately from ongoing rent. If a penny remains after the last full instalment, the final payment is one penny. HMRC rental income records
