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Old Self employed tax bill coming back to haunt?

  • 19-03-2018 11:08pm
    #1
    dizzybridie
    Registered Users, Registered Users 2 Posts: 16 ✭


    So when I owned a business back in the early 2000s I had to fold it due to it failing and emigrate and paid off partial payments on the tax bill relating to it. I have no other debts. The last time I remember getting a letter about it 5/6 years ago it said I owed about €4000. Since returning to Ireland 6 years ago I’ve been PAYE and when claiming tax credits etc for med1 expenses they keep approving it which I thought was strange. I’ve now inherited a small piece of land with €5 k per year rental income which I will be declaring later this year. Do you think the €4K is gone / written off or will it resurface now?


Comments

  • #2
    srsly78
    Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭srsly78


    It clocks up interest every day.


  • #3
    lakill Farm
    Registered Users, Registered Users 2 Posts: 4,735 ✭✭✭lakill Farm


    I would get your accountant to contact them

    dizzybridie wrote: »
    So when I owned a business back in the early 2000s I had to fold it due to it failing and emigrate and paid off partial payments on the tax bill relating to it. I have no other debts. The last time I remember getting a letter about it 5/6 years ago it said I owed about €4000. Since returning to Ireland 6 years ago I’ve been PAYE and when claiming tax credits etc for med1 expenses they keep approving it which I thought was strange. I’ve now inherited a small piece of land with €5 k per year rental income which I will be declaring later this year. Do you think the €4K is gone / written off or will it resurface now?


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