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Looming tax returns: We have a problem

27 replies

exasperatedmummy · 22/10/2008 10:49

Not sure if this is the right place to post. I am sitting here hiding from the big box of paper work that is my partners accounts from last year. I am procrastinating in a big way because we are probably going to end up with a huge bill that we can't pay.

So, two questions.

My DP is a builder and is trying to establish his own business. Last year he had some guys working for him. He paid them all cash, on the assumption that they would pay their own tax. We were a bit clueless about this, and i don't think we were supposed to do it like that. They were working for him on a very casual basis. It didn't work out, they were lazy idiots and we don't have them work for us now.

What we don't want to have to do is end up having to pay their tax!! We were idiots and didnt get receipts or invoices. I think the plan was for me to type them up for the guy as he didn't have access or couldn't manage to do them himself. But we never got round to it . So, apart from being a complete pair of idiots DP and myself! HAve we broken the law, should we just keep shtum and pay up the tax ourselves (that will be a big if not too big bill for us to afford) or is there a way i can issue retrospective invoices etc.

Im reluctant to contact the tax people about this as i don't want to get into trouble. We genuinely weren't trying to tax dodge or anything.

Also, what if we don't have the money to pay the tax bill straight away?

OP posts:
islandofsodor · 26/10/2008 00:15

I think I'm running round in circles. I can't find that paragraph. Maybe I keep missing it. What number is it?

MrVibrating · 26/10/2008 00:32

Near the start of Appendix C, page 64 of the current (January 2007) version.

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