Lemma's Secondary Tax Bill Induced LBM - OMG

lemma1968

Another £100 gone to them, making total £6100.

Gotta run xxx

kimdegsidash

Lemma - you're amazing. Give yourself a virtual pat on the back (or is that a real one if you do it yourself??)

Those 8 people did not have your audacity or strength of spirit. Keep going!

lemma1968

kimdegsidash wrote: »

Lemma - you're amazing. Give yourself a virtual pat on the back (or is that a real one if you do it yourself??)

Those 8 people did not have your audacity or strength of spirit. Keep going!

Thanks for that. We are doing without so much in order to get this sorted, and also selling various bits and pieces. Its got to be done for our long term sanity and financial health.

lemma1968

The usual £100 today to them.

Makes the total £6200 :j

lemma1968

sent £100 yesterday and £100 today making my total £6400.

lemma1968

Another £200 to them today as i may not be about tomoz.

I'm happy with the progress of this i think. My total paid since 26/1 is £6600.

Paying 2 years tax in one is not much fun at all.:o

whitewing

No, it may not be fun, but it's very inspirational for me. It's helping me ensure that I make solid plans for paying my tax on time etc, and setting funds aside to do so. (It is easier to ignore stuff you don't understand!)

hypno06

Paying tax is not supposed to be fun!

You are doing really really well though - keep going x

lemma1968

whitewing wrote: »

No, it may not be fun, but it's very inspirational for me. It's helping me ensure that I make solid plans for paying my tax on time etc, and setting funds aside to do so. (It is easier to ignore stuff you don't understand!)

That is absolutely right. And its about predicting your tax liability for the following year and keeping an eye on your "profits". Underestimate and your are in deep do do.

This will never happen to me again!

Let this be a salutary lesson to all those self employed people out there. At least i have been able to negotiate with them, i know there are plenty who have just stuck their heads in the sand.

I suppose that would be my second piece of advice. If you have a problem, you tell them first and start a line of communication.

Thanks for your support everyone.

And Hypno - I know its not "supposed" to be fun, this is perhaps a little more painful than its supposed to be though. I have been chastened by the experience.:o

lemma1968

Its May 1st, and i have made my usual £100 transfer to HMRC. That makes the total so far £6700 :j

Onwards and downwards.