HMRC Electricians Tax Safe Plan | Page 2 | on ElectriciansForums

Discuss HMRC Electricians Tax Safe Plan in the Business Related area at ElectriciansForums.net

I am guessing the "up here" bit means Scotland where they have a different arrangement I think.
 
Well they hit 2 plumbers I know last year. One, the good one, got interviewed several times, they went through every tiny part of his life, even his wifes bank accounts etc and found virtually nothing. They went through a dodgy plumbers too, ripped him to pieces. He agreed that he`d been naughty when they found discrepancies and he agreed to pay £7k ouch. When he had the bill they assumed he had been doing it for 4 years so the bill is now 4x £7k = £28K. Now thats got to hurt.

Either way guilty or innocent it takes weeks of your time, costs thousands in accountant fees etc. Bad news.

Im hoping that Ive been OK, not saying I havent had the odd £20 cash job on the way home from work but I doubt they are bothered about that, I havent done the big cash jobs.
 

Reply to HMRC Electricians Tax Safe Plan in the Business Related area at ElectriciansForums.net

News and Offers from Sponsors

  • Article
Join us at electronica 2024 in Munich! Since 1964, electronica has been the premier event for technology enthusiasts and industry professionals...
    • Like
Replies
0
Views
228
  • Sticky
  • Article
Good to know thanks, one can never have enough places to source parts from!
Replies
4
Views
689
  • Article
OFFICIAL SPONSORS These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then...
Replies
0
Views
657

Similar threads

  • Question
know a guy who has a Degree in Electrical and Power Engineering (non British degree), and Wiring Regs BS7671:2018 and he has gone Self Employed...
Replies
0
Views
514
Welcome to Electricians Forums :) Thanks for signing up. :D
Replies
2
Views
411

OFFICIAL SPONSORS

Electrical Goods - Electrical Tools - Brand Names Electrician Courses Green Electrical Goods PCB Way Electrical Goods - Electrical Tools - Brand Names Pushfit Wire Connectors Electric Underfloor Heating Electrician Courses
These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then CLICK HERE and post a thread with who you are, and we'll send you some stats etc

YOUR Unread Posts

This website was designed, optimised and is hosted by untold.media Operating under the name Untold Media since 2001.
Back
Top