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Make sure you pay your tax bill or they will be after your house!


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Posted

Seems fair enough.

The government takes my tax at source.

There was a recent thread about setting aside funds to pay the annual bill.

It's not that complicated.

Posted
Seems fair enough.

The government takes my tax at source.

There was a recent thread about setting aside funds to pay the annual bill.

It's not that complicated.

 

could be a bit worrying for the self employed though if they fell on hard times.

Posted
bit of a misleading thread title. Did you read the whole article? seems fair enough to me

 

yep read it all, they didn't state it wouldn't lead to repo, only that it was not likely

Posted
yep read it all, they didn't state it wouldn't lead to repo, only that it was not likely

 

It doesn't, if the HMRC want to recover the money they need to go back to court to get an order of sale.

I'd be highly surprised if any judge awarded one against a decent hardworking self employed person for a few grand in tax .... It's the big evaders they're after....

Of course, there are then plenty of those who it's about time were taken in hand..... Jimmy Carr....? :001_tongue:

Posted

I thought they could already do this?...its tough...buy something big and it will off set your tax liability...and hope the work doesn't run out....

Posted
It doesn't, if the HMRC want to recover the money they need to go back to court to get an order of sale.

I'd be highly surprised if any judge awarded one against a decent hardworking self employed person for a few grand in tax .... It's the big evaders they're after....

Of course, there are then plenty of those who it's about time were taken in hand..... Jimmy Carr....? :001_tongue:

 

i agree about the big evaders being taken in hand ie Starbucks ect problem is their big employers as well seem to get away with murder:biggrin:

Posted
I thought they could already do this?...its tough...buy something big and it will off set your tax liability...and hope the work doesn't run out....

 

Or become a LTD company:001_smile:

Posted

They will take your house, for default of payment, and for far less than you think. And if you think it's easy to just pay them and get it back, it isn't, it takes a long time and a lot of legal expenses to take on HMRCE. Don't take the risk.

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