Debt pronWatching TV the other day we caught one of these "Bank of Mummy or the Wife" type shows and we thought, "This is Debt Pron." I.e. peoples financial problems exploited for the voyeuristic pleasure of others. Then we thought, "We bet lots of people on B3ta have massive financial problems. Let's exploit them." So, confess them all. Dodgy credit cards, lending money to some bloke in the pub, visits from the bailiffs, using one card to pay off another. We want to wallow in your fiscal pain. So, what is your biggest money fuck up?
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rob, Thu 23 Nov 2006, 19:50)
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Tax and more taxIt's one of those scary things, nobody tells you what to do with the tax man, you're always at fault and the Inland Revenue doesn't have any basic common sense.
Last year the Inland Revenue contacted my place of work to get in touch with me. It turns out that they had been sending me self assessment questionnaires to my old address for three years (even though they got a copy of my P60 yearly, which had my correct address on).
Resulted in a £2500 tax bill: a guess of £500 for each tax period and the rest in fines for "late" returning of self assessment questionaires. After phoning them (multiple times) and them sending out the questionaires, faxing a letter of complaint about the charges (which was never replied to) I returned the questionnaires refilled in (go on try to hunt back through tax statements for the previous 3 years - I dare you).
Then it went quiet until one day a bailiff from the Inland Revenue turned up on my door making threats to take stuff as the Inland Revenue "hadn't heard from me". This turned out to be due to the part of the Inland Revenue that assesses tax doesn't talk to the part that recovers debt.
Anyway, lots of shouting later, the result: £60 tax bill and a letter telling me that it wasn't worth me doing these questionaires every year.
Twunts.
(, Sun 26 Nov 2006, 12:30, Reply)
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