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Missnka

Need help negotiating large HMRC debt repayment

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Hi there,

 

I am self employed and have worked successfully with TaxAid to get rid of any fines, so I know exactly what I need to pay. The debt is about £9,000. How can I best negotiate with the HMRC Taskforce without taking the bankruptcy route?

 

I have heard of asking for the debt to go into remission, which basically pauses it for a length of time.

 

I can afford to pay about half of the £9k up front. But I don't receive a monthly wage, it comes in unpredictable chunks throughout the year.

 

Does anyone have any advice about how I can propose a repayment schedule?

 

(I will also try to get advice from Business Debtline. I do have other debt that I am paying £1.25 per month for but I am looking to write CCA letters to those debt collection agencies.)

 

Many thanks for reading

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Hi, thank you for responding.

 

Its mostly fines that date back to years ago but Tax Aid have thoroughly examined my accounts and already had several thousand cleared.

 

I looked up DSAR. I have not requested this. I am not sure how that would help though.

 

Thanks

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A DSAR will allow you to get all information on yourself or your company from HMRC - It will allow you to triple check that you couldnt knock off some more from the amount outstanding.

HMRC are known to get things wrong in big ways...

You can also discuss with their collections team too - Small repayments can be made if need be :) Dont break the bank to satisfy the Taxman :)


 

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Hi, thanks for your input.

 

The debt is pretty much all fines for late payments accrued from when I was too young to understand being self employed. Tax Aid is a charity and have examined everything and I trust them, so I think I have to look towards what year I can actually pay this off! :|

 

Due to the large sum, I'm just not sure how to approach the repayments within a reasonable amount of time. I feel I need at least 3 years! (sigh). Its gone past the collections team and onto the Task Force who have the power to seize money from bank accounts. So I need a plan.

 

 

Thanks

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