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bobi
Posted - 12 October 2012 : 21:09:56 Hi. Im self-employed.
Because of cash flow I own 17 K of self assesment tax and 13 K of VAT. Customers own me about 15 K..This tax is for 2011.I made a payment of 1 k on july and small payments august september.
Im wondering if or when HMRC take an action against me. I dont have any assets. My personal debt is about 10 K but managed quiet well.
Im thinking about volountary bankruptcy.I dont know .cant sleep. Money comming slow..and i have to act fast. HMRC dont agree anymore for time to pay.
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 13 October 2012 : 07:15:39 Hi bobi, welcome to the forum.
Bankruptcy may be an option for you, they may not take action against you anytime soon though.