Reply to: Urgent advice: HMRC liabilities

[NotAllThere]

Probably not a sockie. Nonetheless, he's been given all the advice he could possible want, so I'm locking the thread.

[SlipTheJab]

Pray tell how you managed to owe this much tax in the first place?

If its because you thought sod it and blew the lot, living a life of riley then I have zero sympathy I'm sorry. Not much if you tell me you didn't understand it all either.

OP has spent a third of that pile of cash on women and another third on drink/drugs.... the last third, he just wasted that by the sounds of it

[psychocandy]

Pray tell how you managed to owe this much tax in the first place?

If its because you thought sod it and blew the lot, living a life of riley then I have zero sympathy I'm sorry. Not much if you tell me you didn't understand it all either.

[SimonMac]

I thought you didn't have an accountant - isn't it just you and an abacus Freeagent?

OSX has a calculator (although oddly iPads do not)

Not even free agent, a series of spreadsheets from these guys http://www.diyaccounting.co.uk/

[Cirrus]

Sad Case

Personally, I would like to extend our needs to know about blackmail and financial fraud, that interests me, also.

Maybe he's got a syndrome!!

Maybe he is pathologically impulsive. He half knows he shouldn't be buying all that champers and sharing it with those dodgy blondes, especially as he's driving a Porsche at the same time. But he just can't help himself. Never could.

Anything we tell him: won't make any difference...

[sociopath]

Maybe he's just a sockie

[TheFaQQer]

If he withdrew everything then there would be no Corporation tax due surely?

Depends on how he withdrew it. If it's a loan or a dividend then there will be.

[vadhert]

If he withdrew everything then there would be no Corporation tax due surely?

Then hes fine. Just need to pay the VAT man and personal tax.

I've been doing it wrong all these years.

[d000hg]

Regardless of personal situation. This should never happen. Its not personal money so don't treat it as such.

Sounds like everything was withdrawn including the kitchen sink.

If he withdrew everything then there would be no Corporation tax due surely?

[d000hg]

+2.

Or go umbrella. It seems you can't be trusted to look after the tax man's money.

I think he needs an accountant either way, to sort out the current mess.

[TheFaQQer]

I hope my smart ass accountants have a calculator to be fair

I thought you didn't have an accountant - isn't it just you and an abacus Freeagent?

[MrMarkyMark]

Sadly old bstone73 doesn't realise we aren't interested in his debt repayment which is boring in the extreme. The only thing we're really interested in is how he got into this situation. Especially if it was connected with sex, drugs, gambling or something involving animals.

Personally, I would like to extend our needs to know about blackmail and financial fraud, that interests me, also.

[Cirrus]

Jesus wept, How on earth did you get into this mess

I'd rather not go too much in detail why I am unable to pay ... as these are more of a personal nature.

Sadly old bstone73 doesn't realise we aren't interested in his debt repayment which is boring in the extreme. The only thing we're really interested in is how he got into this situation. Especially if it was connected with sex, drugs, gambling or something involving animals.

[vadhert]

Regardless of personal situation. This should never happen. Its not personal money so don't treat it as such.

Sounds like everything was withdrawn including the kitchen sink.

[northernladuk]

Jesus wept, How on earth did you get into this mess ??

Oddly enough it's very easy. You don't do anything and hey presto.