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DH owes money to the taxman but can't pay

(30 Posts)
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PamelaJ1 Fri 30-Jun-23 15:46:55

That’s useful Auntieflo

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PamelaJ1 Fri 30-Jun-23 15:45:24

Friends of mine used one of those agencies but they had no assets. They had already sold their house the previous time he had got into debt.
They go through your income and outgoings allow so much for this and so much for that, don’t allow you to have any credit. They then negotiate with the firms etc to whom the money is owed and arrange payments. I don’t think it’s what I would want to do and if you have assets I don’t know if that avenue would be open to you.
He needs to talk to the tax office. If he won’t then you have a problem.
Could you remortgage your BTLet?
Then sort him out! Easier said than done I know.tt

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Auntieflo Fri 30-Jun-23 15:43:26
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Cosmos I am so sorry that you are in this position.
I Googled "Help cant pay tax bill", and it came up with this. See picture.

Otherwise the CAB is a good place to start.

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vintage1950 Fri 30-Jun-23 15:36:57

Try Citizens Advice? flowers

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PinkCosmos Fri 30-Jun-23 15:31:26

My DH did not pay his tax bill at the end of January. It is around £10k

He is self employed but didn't put any money to one side for his tax bill. He is hopeless when it comes to money.

He has rung HMRC once and said he couldn't afford to pay the bill.

He has now had a letter from a debt collection agency.

What makes it worse is that he is losing his one and only contract in August. He doesn't have any other work in the pipeline.

He won't ring the debt collectors to try to arrange a payment plan.

He is talking about selling a house that we rent out in order to pay the bill. I am dead set against this as the rent from the house is our pension IYSWIM

I am still working full time but get my state pension in August. I am not planning on giving up work. I can't afford to.

Does anyone know what the process with debt collectors?

Would he be able to pay off a small amount every month as a token gesture until he can get more work and pay off more?

Over the years I have had to keep our finances separate as he is so financially irresponsible. My wage/the rent money pays the bills.

I really resent the fact that my DH goes through money like water and ends up in this position. He mostly spends it on his very expensive hobbies.

Does anyone know what the process with debt collectors?

Would he be able to pay off a small amount every month as a token gesture until he can get more work and pay off more?

Will they come and repossess some of our stuff.

This is causing me sleepless nights. I am fuming at the moment because he is just sticking his head in the sand. I don't know what to do.

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