DESPERATE - advice on HMRC debt

fatbelly

PositiveSteps wrote: »

I, it has come to light that my mum has been self-employed for 7 years and has not declared this to HMRC.

She has been working for the same company in all this time.

Then it's not immediately obvious to me that she is self-employed rather than employed.

What does HMRC say she is?

https://www.gov.uk/hmrc-internal-manuals/employment-status-manual

nettttie

Hope your mum is okay, my dad did actually kill himself over this and we never heard from HMRC....

National_Debtline

nettttie wrote: »

Hope your mum is okay, my dad did actually kill himself over this and we never heard from HMRC....

I’m sorry to hear that nettttie. It’s a terrible thing to happen.

James
@natdebtline

Jimbo8012

Is your Mum's self-employment a 2nd income? Maybe you've sorted this out now as this thread is a couple of months old but she really needs to see an accountant who can help her with creating accounts, estimating expenses through bank statements and filling her tax returns in. It'll save her a load of hassle and will prove to HMRC that she's taking a serious approach to this.

It may cost but accountancy fees are a tax deductible expense.

Voluntary disclosure through an accountant has a number of advantages - she'll have at least 3 months to pay the debt (excluding a time to pay arrangement which may add another year on top) she'll very likely avoid late filling penalties, maybe even late payment penalties and will only have to pay what's owed + interest. HMRC are also less likely to query self-assessment submissions through an accountant.

Get this done before HMRC catch up with her because otherwise it's an entirely different, more stressful ballgame.