Not paid any tax for 5 years. Help

hgvdriverhelp

mr_munchem wrote: »

OP- the problem is you were (it seems) a Limited Company Director and therefore you are legally responsible for these things.

Pay a good accountant and get this sorted; that's the only way to sort this.

Sorry it's not an overly nice response, but that's the conclusion here.

Im sorry i just don't feel that this is right, for thousands of people to be made to do this who have no other choice is just wrong.
To brush this under the carpet and pretend it's just happening to me is totally wrong.
I myself have been making my self very ill over this since Christmas and i am furious that it still goes on and i know i am not alone.
You seem to know what my responsibilities are as a Limited Company Director but trust me my friend i was never sat down and explained this by anyone and the bank gave me accounts to do this like they were handing out kippers to a polar bear.
However, if we put our 'trust' in companies that say they know how to handle everything, show me a working man that would argue to a 1 pound an hour pay rise in a recession .
I may well be in a world of trouble in your mind, but my only guilt is not understanding Business at all.
Like i said before i have always been an employee, i never chose to be a Limited Company, i was forced to be one and forced to trust accountants and agencies to bring home the bacon.

I may lack an education in business my friend but i don't lack in morals or ethics and if you have read properly what i have put you will see that i am not alone by a running mile.

So yes i agree i need an accountant, but i also think something needs to be done to stop this ever happening to anyone like me again.

BorisThomson

hgvdriverhelp wrote: »

Im sorry i just don't feel that this is right, for thousands of people to be made to do this who have no other choice is just wrong.
To brush this under the carpet and pretend it's just happening to me is totally wrong.
I myself have been making my self very ill over this since Christmas and i am furious that it still goes on and i know i am not alone.
You seem to know what my responsibilities are as a Limited Company Director but trust me my friend i was never sat down and explained this by anyone and the bank gave me accounts to do this like they were handing out kippers to a polar bear.
However, if we put our 'trust' in companies that say they know how to handle everything, show me a working man that would argue to a 1 pound an hour pay rise in a recession .
I may well be in a world of trouble in your mind, but my only guilt is not understanding Business at all.
Like i said before i have always been an employee, i never chose to be a Limited Company, i was forced to be one and forced to trust accountants and agencies to bring home the bacon.

I may lack an education in business my friend but i don't lack in morals or ethics and if you have read properly what i have put you will see that i am not alone by a running mile.

So yes i agree i need an accountant, but i also think something needs to be done to stop this ever happening to anyone like me again.

If you choose to start a limited company it is your responsibility to ensure you understand what you are doing. It's certainly not the bank's job, or any other organisation.

What are you doing to address your debt? Have you called Business Debtline? This is what you need to focus, none of the other stuff is going to make that go away.

hgvdriverhelp

BorisThomson wrote: »

If you choose to start a limited company it is your responsibility to ensure you understand what you are doing. It's certainly not the bank's job, or any other organisation.

What are you doing to address your debt? Have you called Business Debtline? This is what you need to focus, none of the other stuff is going to make that go away.

I'm actually not quite sure what my debt is or whom should actually be paying it but yes i will ring them as it seems good advise.
I never had debt in my life, all i have come to realise is that these companies i have worked for have not been paying my taxes at all, they made me set up these companies so that they could save millions by forcing the burden of taxation upon my head and thousands of others like me to make them millions.
What i won't do is pay for them. Not one penny i'm sorry. It's just not right

mumofthetwins

hgvdriverhelp wrote: »

I'm actually not quite sure what my debt is or whom should actually be paying it but yes i will ring them as it seems good advise.
I never had debt in my life, all i have come to realise is that these companies i have worked for have not been paying my taxes at all, they made me set up these companies so that they could save millions by forcing the burden of taxation upon my head and thousands of others like me to make them millions.
What i won't do is pay for them. Not one penny i'm sorry. It's just not right

I think you should defo give them a call but liklyhood is you need to face the fact that you will need to pay any tax owed. We all have to pay tax and it's something I am sure 99.9% of us don't particularly like it but it's better than getting in trouble with HMRC.
I get that you were duped with the first company but i would have thought this would have made me even more cautious with my next company. I think the main thing is that you give debtline a call asap.
Fingers crossed for you x

FatVonD

hgvdriverhelp wrote: »

they made me set up these companies so that they could save millions by forcing the burden of taxation upon my head and thousands of others like me to make them millions.

The companies have not saved themselves anything by not deducting tax from your earnings, it is always yours to pay.

They will have saved themselves paying employers National Insurance and any holiday/sick/maternity/paternity/pension contributions.

Paying your tax and employee NI contributions would always be paid from your money. The only difference is whether tax it is taken from your wages before you get them (PAYE) or after by you completing a tax return and paying it yourself to HMRC.

Incidentally, on £30,000 per year you didn't need to be VAT registered at all (you don't need to register until you are earning around £80,000.) Were you (or were the agency on your behalf) charging them VAT? If you/they were then you legitimately owe this.

It is clear that you are going to need some help sorting it out and you really do need to employ an accountant.

FatVonD

In the meantime, supermarkets are always crying out for online delivery drivers (or if not that then online shoppers because of the anti social hours.) It won't pay you £30,000 a year but it will take some of the stress away and will mean that from now your are paying tax and it is all sorted by someone else for you. You can't change what has happened in the past but you can change it going forward.

I'm no expert so do take advice from a qualified professional but, once you are a regular employee somewhere maybe you can then dissolve all your limited companies yourself.

hgvdriverhelp

FatVonD wrote: »

The companies have not saved themselves anything by not deducting tax from your earnings, it is always yours to pay.

They will have saved themselves paying employers National Insurance and any holiday/sick/maternity/paternity/pension contributions.

Paying your tax and employee NI contributions would always be paid from your money. The only difference is whether tax it is taken from your wages before you get them (PAYE) or after by you completing a tax return and paying it yourself to HMRC.

Incidentally, on £30,000 per year you didn't need to be VAT registered at all (you don't need to register until you are earning around £80,000.) Were you (or were the agency on your behalf) charging them VAT? If you/they were then you legitimately owe this.

It is clear that you are going to need some help sorting it out and you really do need to employ an accountant.

I am not quite sure still how VAT works but yes i gave them a VAT certificate because they said it was better for them and for me, i never in all these years charged them any VAT though as i thought this was similar to think accounting but 'legal' I didn't care about the VAT i just wanted paying .
I filled in a timesheet every week with my hours and the money was then paid into my account every Friday and as far as i saw it everything was done for me with regards to VAT.
Another thing i have just been reading that i didn't know is I have not got any invoices at all, i never sent them one ever ? not just me -i'm not unique , thousands of us.

FatVonD

hgvdriverhelp wrote: »

I am not quite sure still how VAT works but yes i gave them a VAT certificate because they said it was better for them and for me, i never in all these years charged them any VAT though as i thought this was similar to think accounting but 'legal' I didn't care about the VAT i just wanted paying .
I filled in a timesheet every week with my hours and the money was then paid into my account every Friday and as far as i saw it everything was done for me with regards to VAT.
Another thing i have just been reading that i didn't know is I have not got any invoices at all, i never sent them one ever ? not just me -i'm not unique , thousands of us.

You need to find out whether the hourly rate they were paying you was inclusive of VAT, do you have payslips, remittance advice?

FatVonD

hgvdriverhelp wrote: »

as far as i saw it everything was done for me with regards to VAT.
us.

Without wishing to be rude, that is not the way it works, no company ever pays VAT on your behalf, you always need to pay it yourself.

FatVonD

hgvdriverhelp wrote: »

Another thing i have just been reading that i didn't know is I have not got any invoices at all, i never sent them one ever ? not just me -i'm not unique , thousands of us.

That's not unusual, until recently I was freelance and I have worked for companies where you filled in a time sheet rather than invoicing (including the consumers association and absolutely everything they do is all above board.)