So I'm in a situation where a company I used is no longer in existence.
This company drafted me letters to send to HMRC and I got their investigations suspended for two different accounting years.
I received the blanket 'Contractor Loans' letter last week.
I've read the other threads on the forum and still confused.
I think there has been a law change and I have to pay the amounts HMRC say I owe them.
They say I owe the following
2006/2007 - £10,000
2007/2008 - £12,000
I'm confused what my options are?
1. If I contact them and pay back £22,000. Is that it? Is there any additional money they can claim (interest)? Will they want any other info from me?
2. If I contact them and want to pay back £22,000 over 5 years, what is the interest charge? Is that it? Is there any additional money they can claim (interest)? Will they want any other info from me?
3. Ignore the letter. They want to scare people like me. They will never win in court.
Also
1. Why do people contact Phil? What can he do?
2. Why are people writing to their MP? What can they do?
Thanks
This company drafted me letters to send to HMRC and I got their investigations suspended for two different accounting years.
I received the blanket 'Contractor Loans' letter last week.
I've read the other threads on the forum and still confused.
I think there has been a law change and I have to pay the amounts HMRC say I owe them.
They say I owe the following
2006/2007 - £10,000
2007/2008 - £12,000
I'm confused what my options are?
1. If I contact them and pay back £22,000. Is that it? Is there any additional money they can claim (interest)? Will they want any other info from me?
2. If I contact them and want to pay back £22,000 over 5 years, what is the interest charge? Is that it? Is there any additional money they can claim (interest)? Will they want any other info from me?
3. Ignore the letter. They want to scare people like me. They will never win in court.
Also
1. Why do people contact Phil? What can he do?
2. Why are people writing to their MP? What can they do?
Thanks
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