How far will HMRC pursue the debt if you don't pay an APN?

[SueEllen]

Oh and money from pensions cannot be grabbed by creditors until you are claiming it that is. This is one reason to have a pension.

[SueEllen]

If you have any assets HMRC will ask (tell ?) you to sell it, including your house. I'm not sure if this include pensions.

Creditors can't get their hands on any money from your pension until you are old enough to claim it.

So if you are under 49 best thing to do is go bankrupt that way they can never get hands on any of your pension money.

Not sure what happens now if you are older due to the pension freedoms but I guess if you are older but over 6 years away from state pension age, it is probably still worth going bankrupt, refusing to retire and to avoid taking any sums out of your pension.

[BrilloPad]

Oh and money from pensions cannot be grabbed by creditors until you are claiming it that is. This is one reason to have a pension.

So far. There have been suggestions the rules will change. HMRC can do what they want, when they want to....

[SueEllen]

So far. There have been suggestions the rules will change. HMRC can do what they want, when they want to....

Yep - see post above about pension freedoms.

[BrilloPad]

Yep - see post above about pension freedoms.

Agreed. And you made another good point above. "Guess". Over such an important, complex area where HMRC are proven to have the upper hand, who would go and ask a bunch of random strangers?

[regron]

Sorry. Wrong. If you are married you are jointly liable for any tax liability. That is all the equity where applicable.

Sorry, disagree and have been told this by a BR/IVA specialist. They cannot touch your other halves (married) equity in the house (assuming it is a joint mortgage). It is a personal tax liability at the end of the day.

[jbryce]

ooops

Sorry, disagree and have been told this by a BR/IVA specialist. They cannot touch your other halves (married) equity in the house (assuming it is a joint mortgage). It is a personal tax liability at the end of the day.

You may want to get other advice (as may I). Although I think we're arguing different things divorce vs BR/IVA.

Divorce: Both my lawyer and my ex's lawyer and the lawyer-mediator all have agreed that as we are married we are jointly-liable for the tax. So, for example, if HMRC is owed 200K and the equity in the joint property is 200K then HMRC expect you to sell the property. It's a joint liability.
BR/IVA:No idea.....

[ns1]

I'll rephrase my question

Does anyone know anyone who received APNs a year or more ago and didn't pay them?

How far did HMRC go to try and recover the debt?

Feel free to PM me if you don't want to post this info on a public forum.

[SummerhillLass]

Pm me, yes, we are in this position

Regards, Summerhill

[HMRC made Atlas Shrug]

Does anyone know anyone who received APNs a year or more ago and didn't pay them?

How far did HMRC go to try and recover the debt?

Feel free to PM me if you don't want to post this info on a public forum.

If is was up to just me I would never have settled. I would have sold up, left the country and come back when I'm broke, in need of medical treatment or a place in a retirement home.

What is happening to us is extortion.