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MSE Blog: My £2.24 MILLION tax bill

edited 21 October 2014 at 10:32AM in House buying, renting & selling
13 replies 2.6K views
Former_MSE_HelenFormer_MSE_Helen Former MSE
2.4K Posts
edited 21 October 2014 at 10:32AM in House buying, renting & selling
"Sadly, I’m not a millionaire and therefore don’t make nearly enough to be taxed anything close to £2.24 million..."

Read MSE Helen S's full blog:
My £2.24 MILLION tax bill


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  • What a non-story...

    Solicitor mistypes number on paperwork drama.
  • Former_MSE_AndreaFormer_MSE_Andrea Former MSE
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    A good reminder to always read what you're signing though. As a keen MSEr you probably read all t&cs thoroughly but sadly not everyone does :)
    Could you do with a Money Makeover?


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  • Sounds like a lucky escape, it would have been annoying waking up one morning to discover £2,240,000 missing from your bank account.
  • AdrianCAdrianC Forumite
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    DTDfanBoy wrote: »
    it would have been annoying waking up one morning to discover £2,240,000 missing from your bank account.
    Oh, it is. Still, could be worse. It could be large enough to really make a difference...
  • tgroom57tgroom57 Forumite
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    I use no gas. My gas meter reading is always zero.
    Despite this, one quarter British Gas estimated my meter reading to be 85.
    Next quarter, my meter reading was zero again, so they charged me for 1109757 units. I think the bill was six figures.

    I had a moment of panic, before I realised how stupid they would look if they took this to court, but it still took them about 6 months to sort it out and I had no compensation for distress, despite their customer's charter. Another reason I was happy to leave.
  • Callie22Callie22 Forumite
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    We've just bought a house and when we got our survey back I was horrified to find that the surveyor had accidentally added an extra nought to the valuation figure and had valued the house at nearly £1.5 million. What made me laugh was that the report had the figure in it and then they'd typed out the figure in full. Obviously they didn't bother with proofreading!
  • When I last tried to buy the solicitor's secretary accidentally typed "detached mouse" instead of "detached house" in the contract and I ended up paying £560k for a small rodent.
  • aldreddaldredd Forumite
    925 Posts
    tgroom57 wrote: »
    I use no gas. My gas meter reading is always zero.
    Despite this, one quarter British Gas estimated my meter reading to be 85.
    Next quarter, my meter reading was zero again, so they charged me for 1109757 units. I think the bill was six figures.

    Had something similar happen - BG esimated by reading - a couple of days later I submitted an actual reading, which was lower, and the next day my usage was showing at x-million kwh of energy.
    Spoke to BG who of course sorted it, but was told that yes, their system assumed I'd gone around the clock in a few days - apparently their system can't comprehend the possibility that they got the estimate wrong - crazy
  • ThrugelmirThrugelmir Forumite
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    MSE_Andrea wrote: »
    A good reminder to always read what you're signing though.

    Would be far less reason for people to post on MSE if they did. :eek:
  • agrinnallagrinnall
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    MSE_Andrea wrote: »
    A good reminder to always read what you're signing though. As a keen MSEr you probably read all t&cs thoroughly but sadly not everyone does :)

    Good advice, but it would probably be equally good advice to know in advance how much the SDLT payment (and other payments) should be - had the bill been wrong by 10% rather than 10,000% (or whatever it was) would you have spotted that?
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