We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
Payment Plan for one month rental arears
mortcohen
Posts: 1 Newbie
Hi - I have recently been hit by a tax bill and will inform the letting agency that I wont be able pay this months rent 1st May
How likely is it they would entertain a payment plan?
0
Comments
-
You would be better agreeing a payment plan with HMRC, they are usually quite agreeable unless the debt is the result of fraud. How were you "hit" with a tax bill?mortcohen said:Hi - I have recently been hit by a tax bill and will inform the letting agency that I wont be able pay this months rent 1st May
They probably will not as such, but have little choice in the short term, in the long term it will likely mean they will look to evict you and it would also make renting more difficult in the future.mortcohen said:How likely is it they would entertain a payment plan?3 -
OOO no, don't. Pay your rent. They are entitled to slap interest on it if it's late ( check your tenancy) and if you can't even pay it all a few days late you're on the slippery road to eviction. What about next month's rent?
It would be better to have a payment plan for the tax bill, HMRC can't make you homeless.
(I'm a landlord BTW and I wouldn't entertain such an idea)3 -
If you're struggling to pay the rent for a single month then you need to find somewhere cheaper to live0
-
I think you need to talk to debt charities / debt advice. Rent / mortgage should be one of the very last things you default on - you can lose your home ultimately. I’d be talking to HMRC about the tax bill and a payment plan there. Do not just not pay your May rent.0
-
I had a big HMRC tax bill and was able to negotiate a three year repayment plan with them.£216 saved 24 October 20141
-
Pay your rent in full and negotiate a repayment of the tax.mortcohen said:Hi - I have recently been hit by a tax bill and will inform the letting agency that I wont be able pay this months rent 1st MayHow likely is it they would entertain a payment plan?
The plan better for the future tax bill!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)1 -
Nonsense. When I was younger and had kids, I lived from hand to mouth. Hence why I was renting.Mark_d said:If you're struggling to pay the rent for a single month then you need to find somewhere cheaper to live1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 349.7K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 452.9K Spending & Discounts
- 242.7K Work, Benefits & Business
- 619.4K Mortgages, Homes & Bills
- 176.3K Life & Family
- 255.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards