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Advice needed re late payment of corporation tax and personal credit rating

Advice needed re late payment of corporation...

Hi

Really hoping that you can help me out with some advice. My problem is that my ex-husband is late paying his corporation tax. This was genuine oversight on his part. He has a plan in place to pay it over the next 3 months.

I'm worried about how this will affect me as we still have a joint mortgage (we're trying to sell at the moment so that we can fully seperate our finances). Will the late paying of corporation tax affect his credit rating and mine? is there anything I/we can do to prevent this?

thanks in advance for any advice - I'm sure this is a pretty stupid question but I've not had to deal with this sort of stuff before and haven't been able to find a straightforward answer on the web.

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By Anonymous
26th Mar 2010 21:28

Nope

won't affect your (or his) credit file one bit.

At law the company is a separate person, and it is this "other" person who owes the corporation tax, not you or your ex.

Notwithstanding this HM Revenue & Customs do not report (yet?) late payment of taxes to credit reference agencies, so will not even affect company's credit status.

 

 

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