Will 'old' undeclared income catch up with me?

Bartels

Hiya,

My debt problems came to light nearly 2 years ago when I had a breakdown after years of sustained aggression & noise from a neighbour.

I saw a Debt Adviser and a replayment plan was put into place. Soon after - and being very conscious of lack of money - I joined an Amazon affiliate scheme. I closed it down after two months because I was frightened by how much money it had started to make and because I really couldn't face (at that time) dealing with all the agencies that I would have to in order to make the income 'legitimate'.

The income from that period has never been declared and I was wondering if it might spring up and bite me one day - does anyone have any ideas?

Bartels

davek1

the short answer is no. Obviously it would have been wise to declare this and if a DCA/Court found out it wouldn't be looked on favourably.

In honesty i would put this behind you and move forward now. It is really unlikely it will come to light.

having said that i'm intrigued about the amazon affiliate scheme and how it makes so much money. Tell me more?

Bottom line the money was/is legitimate ( assuming you paid tax etc) we all make mistakes.

Dave

Cleosmum

Dont be frightened, get back into the affiliate scheme and make it legit, enjoy it!!!

Bartels

davek1 wrote: »

the short answer is no. Obviously it would have been wise to declare this and if a DCA/Court found out it wouldn't be looked on favourably.

In honesty i would put this behind you and move forward now. It is really unlikely it will come to light.

having said that i'm intrigued about the amazon affiliate scheme and how it makes so much money. Tell me more?

Bottom line the money was/is legitimate ( assuming you paid tax etc) we all make mistakes.

Dave

That's the point though, Dave, I didn't declare it to anyone - including the taxman :shhh:

The whole thing came as a shock and the only reason I kept it open for as long as I did was because I was trying to evaluate whether I could make full-time living from it or not.

I'm not quite sure what I did to make the affiliate system work but I started with an established website with a page-ranking of 4. I then looked at what other affiliates were doing and thought, "I can't be bothered with tailoring the amazon stuff to the contents of my website, I'll just advertise the flippin' lot".

For some reason Google initially said, "OK then, we'll index the flippin' lot!". The number of pages indexed then began oscillating wildly, I couldn't make head or tail of why and so, with the pressures of the time, I just shut it down - I wanted it to be legit or nothing at all.

It was something I stumbled across that appeared to have potential but didn't pan out and I walked away without declaring any of the income.

I certainly would like to feel I could put it behind me.

Bartels

Bartels

Cleosmum wrote: »

Dont be frightened, get back into the affiliate scheme and make it legit, enjoy it!!!

Thank you, Cleosmum

It's something I hope to go back to when things have finally been sorted out. Because I want to pick up from where I left off this will mean telling the taxman, "Er, sorry about this but I've forgotten to mention..."

As I said, I really was in a bad way at the time (in fact, I was suicidal) and the initial success was a lifeline, not in financial terms, but because I was able to tell myself, "At least you might be good at doing something!"

Bartels