Loan for tax debt

meer53

Did you have an accountant ? I used to do the books and VAT for my ex when he was self employed but we still had an accountant to do the year end stuff.

antrobus

Loanadvice wrote: »

After working 60 hours a week in employment and 20 hours at weekends physically for the last 20 years this is all finally coming to an end due to mistakes my wife made on the weekend work paperwork I have been left in debt due to the tax issue. It has also destroyed my life, my health and my marriage , and now as hmrc can go back 20 years if you make mistakes! It is affecting my future.....

I have no wish to be particularly judgemental about this issue. I am simply explaining that HMRC will only go back 20 years when they believe that the mistakes made on the paperwork were deliberate rather than careless.

http://www.hmrc.gov.uk/manuals/salfmanual/SALF411.htm

Loanadvice wrote: »

...I have found out from this site that a mortgage broker can help so that at least is good news, now I just have to work to retirement to pay it. ...

You may well be able to negotiate an arrangement to pay with the HMRC. Interest will, of course, continue to be charged on the unpaid balance. The rate will be 3% for 2015/16.