Hello
A friend has just told me that her brother a self employed 30 year old with no staff has been contacted by
revenue as he has not paid any tax it seems in the last 6 -7 years. He may possibly owe 100K- 150K
This I find almost impossible to believe that someone could somehow forget their obligations to revenue
as a self employed person . However as a friend I am hoping to provide advise and support to the individuals in concern.
It seem he led a celtic tiger lifestyle and forgot to get an accountant.He has been unemployed for the past 12 months due
to downturn.
He is to meet revenue in the next few weeks. He has about
15,000 in savings at this time. The rest has been eroded over the past 12 months of unemployement.
He bought his home about 5 years ago a regular 4 bed semi-d and has a mortgague on it. Thankfully no wife or children.
As he is single I understand he is 100% willing to sell the house, but there are many similar homes for sale in the area, so
it is unlikely the house will sell. He would be willing to try sell for below the market price if required.
My Question is will his sister or someone be allowed to attend his meeting with revenue. ? I suspect she is concerned for his
health\ welfare at this time. Also she advise he is useless with paperwork and documentation.
My next question is will revenue take the 15,000 as a downpayment and be willing to plan a stage repayment of the rest.
Might the issue a judgement against his home ?
If his siblings were to contribute to the bill would this be acceptable to revenue.
Mnay thanks
KAte R.
A friend has just told me that her brother a self employed 30 year old with no staff has been contacted by
revenue as he has not paid any tax it seems in the last 6 -7 years. He may possibly owe 100K- 150K
This I find almost impossible to believe that someone could somehow forget their obligations to revenue
as a self employed person . However as a friend I am hoping to provide advise and support to the individuals in concern.
It seem he led a celtic tiger lifestyle and forgot to get an accountant.He has been unemployed for the past 12 months due
to downturn.
He is to meet revenue in the next few weeks. He has about
15,000 in savings at this time. The rest has been eroded over the past 12 months of unemployement.
He bought his home about 5 years ago a regular 4 bed semi-d and has a mortgague on it. Thankfully no wife or children.
As he is single I understand he is 100% willing to sell the house, but there are many similar homes for sale in the area, so
it is unlikely the house will sell. He would be willing to try sell for below the market price if required.
My Question is will his sister or someone be allowed to attend his meeting with revenue. ? I suspect she is concerned for his
health\ welfare at this time. Also she advise he is useless with paperwork and documentation.
My next question is will revenue take the 15,000 as a downpayment and be willing to plan a stage repayment of the rest.
Might the issue a judgement against his home ?
If his siblings were to contribute to the bill would this be acceptable to revenue.
Mnay thanks
KAte R.