We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Struggling to pay back a LTD company tax bill
Comments
-
https://forums.moneysavingexpert.com/discussion/6649752/struggling-to-pay-back-a-ltd-company-tax-bill#latest
1 -
Do you know if the debt to hmrc is your personally or from the limited company? And if from the Ltd, did you personally guarantee it.
Your comment that you intended to make the final bumper payment by remortgaging suggests that you are personally liable, but this isn’t automatic.
This maybe one of the situations where you can’t afford not to get professional advice, even though you say money is tight.
I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
It was between the HMRC and the company and was not personally guaranteed. But it seems they might be able to get around it because of the loan charge thing.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.3K Banking & Borrowing
- 254.7K Reduce Debt & Boost Income
- 455.9K Spending & Discounts
- 247.9K Work, Benefits & Business
- 605.2K Mortgages, Homes & Bills
- 178.8K Life & Family
- 262.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
