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Huge tax bill - where do I go now?

26 replies

ImMissWorld · 16/10/2009 11:00

I run my own small business (literally me although my husband has been a partner in it, but doesn't actually work with me)and I don't have a great relationship with my accountant. his bills are huge and I was going to stop using him after this last tax return.

Today I received the figures from him for our tax return and it totals £35,000. I don't know what to do. I've emailed him to say surely there is some mistake but heard nothing back yet. The thing is I don't even know whether to trust him or not - if he starts going back and forth he'll send me a huge bill of his own. I don't want to alert HMRC straight away because if it is wrong maybe it can be sorted out straight away.

Would CAB be the best place for some impartial advice? Or is there an accountant ombudsman or something.

And if for some reason I can't fathom this bill is correct (it can't be - I don't even earn that much generally, I just sold one small bit of my business last year which brought in a bit of extra cash) then how the hell do I pay it? Can I owe the money to HMRC.

What on earth am I going to do?

OP posts:
ImMissWorld · 16/10/2009 14:50

That sounds more reasonable - so half of it is just an estimate assuming I earn the same again (which won't be the case!). Thank you.

I did tell him that I was planning to sell but he didn't tell me those things. This is why I say I don't trust him.

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