By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
Hi,
I've heard that if I try to liquidate the company, the HMRC could block that from happening and keep it open to continue paying the debt or something else and that they may then send me a bill for the legal fees for doing so. Does this sound like something that could happen?
For example if...
Hi Lee,
This is what I'm worried about. The fact the debt is due to a tax avoidance scheme, they may try to come after me personally.
In your opinion, in all likelihood, what are the chances they would come after me personally for this sort of thing? Would you have thought likely?
I am...
Hi,
I've been struggling to pay back huge debts over the years but it's got to the point I can no longer pay them as they currently stand.
I'll try to cut a long story short.
Started an online business as a sole trader.
After x amount of years, turned that business into a limited company...