am I liable for husband's hmrc debt?

CKhalvashi

turquoiseshed wrote: »

Thanks for your answer- he did have it aside to pay to begin with, but then used it to help him when he ran out of money, thinking he has some more contracts coming in that would easily pay the tax bill when it was due but unfortnately they were cancelled or postponed indefinitely.

I didn't mean to sound bad when I said that; it's taken 8 years for our turnover to somewhat settle, and I've bought out a number of Ltd companies with a tax bill they hadn't budgeted for, and for that reason sold some of them not long after for 10x what I paid for them (the core of the business was profitable, it was just bad financial management)

It's easy to plan, but unfortunately the plans don't always work.

CK

themull1

is he going to consider looking for a job, if his self employment isn't paying off, its not really worth doing?