Husband not been paying tax for years

Did you not see the point of the thread? He’s not paid tax for 5 years!

Did you not see the point of the thread? He’s not paid tax for 5 years!

Is this a serious thread. £130k, wife not working and a 8 bedroom house and a flashy car? Really?

@Shitsinthepost77
Did you ever pay back the money you spent on drugs? That was family money that you stole for drugs. Did you not get a job to pay that back?

Your mum had to pay for rehab so that means that you and your husband didn’t have the money… so you spend all the money he earns and didn’t save anything. And you’re wondering why he stopped paying tax? Maybe from trying to fund your lifestyle.

Apparently the 8-bedroom house is only worth £400k with £100k left on the mortgage (per OP’s earlier post). Is £300k enough to pay back £150k of tax debt and buy a small house?

And she used his money to fund her drug habit for 6 years. If she paid that back he would have enough to pay the son back plus at less a third of the hmrc debt but maybe even half. Instead she chooses to remain unemployed.

I hope the thread has given you some comfort OP that you do have a way out

i understand it must have been a shock and you most likely want to do whatever you can to maintain your current lifestyle but you need to be realistic

also agree that you and DH need to sit down and talk as your drug addiction will have contributed to the financial mess both directly and indirectly and you both need to be really honest with each other now. Remember the positives - you have your health and you have a lively son (I assume!) and the things you will loose are just that - things

I actually can understand this. You owe £500k/£150k and they are pressurising the shit out of you to pay money.

I don’t think many people realise how aggressive the government are.

It’s not uncommon for them to refuse to engage in any payment plan or negotiation at all until you come to them with a substantial cash payment- this includes people who deny they owe the money and simply want to discuss or prove that.

£30k would get you a conversation and maybe a bit of leniency. £1.5k was never going to make any impact.

and as the poster above said in her excellent post; they never had the money to save £30k for their child anyway. That was tax money.

I don't understand why you're positioning this as money he can't pay back? Sell the eight bedroom house, get a two or three bedroom house and use the difference in value to pay off the debt. Am I missing something?

I can’t get past the fact that he robbed £30k out of his own son’s savings but still kept his £1.5k watch! And then you paid £2k to get the watch back, why not give that money to your son?!

I would personally be sympathetic to your husband unless there money was being spent on things outside the household.

Not to try and frighten you over suicide but consider please that your husband could have been caught up in something like the 'Loan charge scheme' which has left some contractors receiving huge tax bills.

https://news.sky.com/story/rise-in-suicide-attempts-linked-to-hmrc-tax-crackdown-as-mps-criticise-sham-review-in-to-loan-charge-13345828

The time to find out what was happening was a year ago. It's quite possible that he was trying to shield you (due to your previous addiction or other reasons) from an intolerable situation he was under.

The money he should have paid on tax went instead on funding a lifestyle you couldn't afford. That includes a saving account for your son. Paying into this instead of paying tax. If he was using an umbrella company and fell foul of HMRC it would have been a shock.

The money for your son was never really there if it should have gone on tax.

I know contractors who ended up in this position after taking the wrong financial advice and some became desperate, lost their homes and did stupid things.

When it all blew up a year ago you should paid attention then and made the changes and cut backs needed. You should have realised that your husband wasn't coping then. He has been carrying the responsibility for too long and things like pride, embarrassment may be behind this failure rather than a desire to cause you pain or cut you out.

Yes, he should have been honest but it sounds as if the writing was on the wall already and neither of you knew how to fix it.

Other tax dodgers ?

I wonder if the 8 apartment house (not sure what one of those is )will sell quickly, there's not many people that need 8 bedrooms .

This isn’t the time for Porsche jokes or snobbery about ‘modern houses’ and estates. It’s time to face reality: downsize if you have to, get a job (yes even in a supermarket) and work with your husband to repay HMRC. Anything less, and you’re not just complicit in tax evasion, you’re sneering at the very people who’ve been funding your lifestyle all along.

Well put. So many excellent posts on here. This is an easily fixable problem if the OP can face up to the fact that she and her husband have been living above their means, 8 bed house, of course the Porsche, while sneering at people who pay their taxes and live in the modern houses and drive the second hand cars. It's so distasteful. That her DH is scared to talk to her about this problem, has shouldered this on his own unable to share what's happened, the mention earlier upthread about suicide - yes, he's kept the OP in the dark but it doesn't really feel like the OP has been proactive in helping sort the problem.

OP, what sort of jobs have you been applying for? You say you've kept the house clean etc - lots of places looking for a cleaner.

Have you been spending everything in your accounts after bills paid? Did you not save? He was on a good salary so where are your savings? On that salary, at your ages, you should have had that money sitting in the bank and been able to just pay it off. Do you just spend everything you have?

It sounds like you want to stay with him. Now you need a plan. The obvious one is to sell the house and make sure everything is in your name and managed by you going forward. Selling the house will get your son some money back although I guess there isn’t a hurry for that.

You'd still expect her to be a bit pissed off and not rambling about Porches and being pretty.
The whole tone is off.

Anyway.

Sell the house, downsize.
Pay the debt.
Pay your son back.
Live to your means.
Take an interest in your finances from now on.

Job done.

Whereabouts in the North do you live, OP? I would love to know where to get an 8-bedroom house for £400k.

Company secretaries can be charged with a variety of offences as a legal representative of the company. For example motoring offences committed by people driving a car registered to the company.

Yes, this update does change the lens a bit. Maybe he has been under a lot of stress and made silly decisions thinking he was helping to keep you happy so you didn't relapse. You still need to get to the bottom of this though and work out how to move forward with or without him.

The point is, this isn’t enforced by companies house. No one checks the co secs are doing fulfilling their duties. And tbh, unless there are implications with fraud or misadventure/ preference payments no one punishes them when they’re found out either

I'm with you son here. He basically stole from him and with his financial debt I'm not sure how he will be able to pay it back. I know you've been with this man for 30 years, but stealing 30k from my son would be a deal breaker for me.

as you know, they actually very frequently do. It’s not common for a company to be liquidated without debts and the official receiver always comes after the directors- and indeed their family. There are many methods they use, whether or not they’d stand up in court- most people who have just had a company liquidated don’t have hundreds or thousands to spend in legal fees to find out. They are bullied and pressurised into payment plans to make themm go away. I’m glad OP got them down from £500k to £150k, they’re animals.

surely people don’t think you can set up a Ltd company (which takes 10 mins) make loads of cash, pay no tax or creditors then walk away unscathed? As if the government would allow that 😭

Being a company secretary is a legal responsibility. Yes, some people use their accountants as that. But in that case the accountants have/insist on access to all the records etc.