All Forums  archive  Forum Questions  I have been landed a very large tax bill over £400,000

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by In Trouble[/i] [br]I have been landed a very large tax bill over £400,000 mainly due to interest charges over nearly a 2 year period due to a ex friend making deposits from his business into my account. HMRC are making me pay the bill regardless of any details I have given them. My question is whether it is better to go bankrupt myself or let HMRC petition to make me bankrupt. What are the disadvantages or advantages for both. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.