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  • FIRST POST
    Breakingpoint
    Not paid tax for 10 years. Help!
    • #1
    • 25th Feb 11, 2:34 AM
    Not paid tax for 10 years. Help! 25th Feb 11 at 2:34 AM
    Right. I know I am the biggest idiot ever and I have no idea how this has happend but I have got into the worst predicament.

    I am a computer programmer. Up to 2000 I worked PAYE then made redundant - Since then I have been Freelance with only a few clients all paying me by cheque - Somehow I thought tax was paid at source. I have found out this was wrong about a year ago - I've never been taught any financial lessons at all. I know I am nieve and stupid.

    My pay has been sporadic from 10K up to 35K I would estimate. I've had 1 bank account in that time and it all went though there.

    I am of course terrified of a huge bill, I won't be able to pay in one go, and possible prosecution ( although I understand that HMRC are keen to avoid that as it's not productive nor helpful )

    Now I want to right these wrongs. Are there specialist advisors on these matters? I am in the south London area?

    Thanks
    Last edited by Breakingpoint; 25-02-2011 at 2:39 AM.
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