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Contractor, Ltd - unpaid tax, bailiff hand delivered letter

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  • indeeptrouble2016
    indeeptrouble2016 Posts: 7 Forumite
    Email us for advice
    We are currently unable to accept any more emails as this service is very busy. If you need advice please call us on 0800 197 6026 or use web chat to speak to an adviser

    Oh dear.. Will try to call them then
  • indeeptrouble2016
    indeeptrouble2016 Posts: 7 Forumite
    CrowCrow wrote: »
    Not that simple. Just because it's a limited company doesn't mean you can just close it and wipe your hands. If there has been impropriety by the directors, which it seems there has been by declared illegal dividends, HMRC has the power to pierce the limited liability shield and pursue you personally

    You need to speak to your accountant for advice, they you need to speak to HMRC.

    Will do, thanks. As I said I have no "assets" to speak of (no car no gadgets apart from an old TV, laptop and my mobile) at all an live in a rented place. Company or personal assets, same nothing.

    I was an idiot going Ltd in the first place
  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Hi

    I agree with the suggestion of contacting Business Debtline for advice. You can webchat them if you can’t telephone.

    As it says in the link from Muttipops, the Field Force officer cannot force entry into your home unless they obtain a specific warrant from court which rarely happens. For now don’t let them in, keep your doors locked and keep any vehicles you own well out of the way.

    James
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • indeeptrouble2016
    indeeptrouble2016 Posts: 7 Forumite
    Thanks again - as I mentioned before I have no car or other "assets" and i live in a rented place
  • Muttipops
    Muttipops Posts: 269 Forumite
    Well done to facing up to all of this, I appreciate it is not easy, but some people you can't hide from, such as HMRC.
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    edited 14 September 2016 at 2:45PM
    Actually HMRC are not ogres, and if they can be convinced that you are serious about this debt and taking steps to tackle it, you may well find them surprisingly sympathetic. It is in no one's interest for your business to go under.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • stuart30
    stuart30 Posts: 499 Forumite
    Can i ask why you feel LTD was a bad idea...im considering going LTD (Plant driver) and sick of Umbrella companies ripping wages apart.

    Urely the LTD and UTR will be similar headaches unless you go PAYE and then you"ll earn sod all mate.
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