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Lemma's Secondary Tax Bill Induced LBM - OMG

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Comments

  • That figure is our corportation tax. We are now a Ltd Company, although cash flow still a massive problem, hence still paying it off.

    POA is a killer, majority of our debts were run up through paying tax via credit card when we were a Partnership due to the hassle we were getting. Its all a long story !

    They are more lenient now I believe than years ago.

    I can see where your accoutants is coming from though, the trouble was I was always terrified of not paying (at least something to them ) incase they knocked on my door , which sadly did happen.

    Things have been easier ish since becoming Ltd which we should have done a long time ago, but that again is another long story !! I have a few of those !!

    Keep going x
    LBM July 2011 - Finally took control Nov 2011 DFD Sometime in the distant future ! :eek:
    Total debts Nov 2011 [STRIKE]£96796.75[/STRIKE]:eek:
    Total Debts JUL 2020 £00.00
    Cleared Jul 2020 £96796.75
    :T
    Emergency Fund / Rainy Day - £5500 . DMP Mutual Support Thread 428
  • lemma1968
    lemma1968 Posts: 1,379 Forumite
    Keep calm and carry on!

    That's my motto. I'm paying all i can do no more.

    Fingers crossed that 2013 will be our year xx
    2013 TARGET £30k
    2012 £26500 paid off.
    2011 £22750 paid off
    2010 £19800 paid off
    2009 MBNA Cleared 25.09.09 £34391.33 PAID OFF
    DFW Nerd 612 Proud to be dealing with my debts
  • dawnybabes
    dawnybabes Posts: 3,390 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hope 2013 is going betterr for you x
    Sealed pot challenge 822

    Jan - £176.66 :j
  • Mara_uk7
    Mara_uk7 Posts: 1,219 Forumite
    Seventh Anniversary Debt-free and Proud!
    Hi Lemma, Just skimmed thru your diary, You have done amazingly well to be where you are ! THEY .. well .. best not said what my opinion of them is .. Your accountant is right tho, they do go for the soft touches ... In a previous life I worked with THEM , but on the PAYE side, We were always told to go for the sure money first .. That was 30+ years ago, But I dont expect things will have changed much.
    You keep going girl, you WILL get there and what a wonderful feeling that will be.
    Its just a bad day, Not a bad life .. :cool:
  • lemma1968
    lemma1968 Posts: 1,379 Forumite
    Hi there everyone
    I've not been on for a while - long story.
    I am still plodding away, still keeping to my agreements but still being hounded. I feel like a hamster on a wheel.

    The problem with self assessment is that every 6 months your next tranche of tax appears on your tax bill so you never get ahead. Paying tax in advance is not fair but hey ho...that's the law!

    Thank you all for your kind thoughts.
    2013 TARGET £30k
    2012 £26500 paid off.
    2011 £22750 paid off
    2010 £19800 paid off
    2009 MBNA Cleared 25.09.09 £34391.33 PAID OFF
    DFW Nerd 612 Proud to be dealing with my debts
  • Just seen your post above.

    How are you doing ?

    We managed to clear last years corporation tax bill the day the new bill became due ! Needless to say we cant pay, so I will now continue on the treadmill and pay what we can when we can and hope they keep off of our backs !

    The whole POA thing is a total and utter nightmare.....keep smiling , we will get there one day !

    Take Care xx
    LBM July 2011 - Finally took control Nov 2011 DFD Sometime in the distant future ! :eek:
    Total debts Nov 2011 [STRIKE]£96796.75[/STRIKE]:eek:
    Total Debts JUL 2020 £00.00
    Cleared Jul 2020 £96796.75
    :T
    Emergency Fund / Rainy Day - £5500 . DMP Mutual Support Thread 428
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    Hey Lemma how are you doing? I assume you are still fighting them?
    chev
    I want a job that is less than an hour driving away from my house! Are you listening universe?
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    hey Lemma did you make your 2013 target? How are you doing this year?
    I want a job that is less than an hour driving away from my house! Are you listening universe?
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    Hey Lemma how are you doing. Did you ever catch up with all the tax? Would love to know if you are ok
    chev
    I want a job that is less than an hour driving away from my house! Are you listening universe?
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