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Gambling and Revenue Bill. What to Do?

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5:49 am
January 16, 2010


Jon Emge

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posts 1018

Fergal, In addressing your situation and concerns it is a two-part approach.

The first is the issue of what you owe and to set up a repayment plan for it, and the second is the gambling issue.

If you had an accountant when you were in business for yourself, they maybe able to assist you in figuring out the revenue bill as to what you owe or get a good estimate of this. Then trying to set up a repayment plan based on what you can afford along with a repayment plan for the gambling debts is one thing that needs to be done.

The other critical point is to address the gambling issue.  You may want to visit http://www.gamblersanonymous.ie/ or speak to your doctor for a referral to a therapist that may specialise in helping people with gambling addicitions.

I know taking that first step is difficult, but being strong and proactive, will help you in keeping control over the situation.

Jon

5:44 pm
January 14, 2010


Fergal

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posts 1

I am in a situation where I owe a revenue bill of almost €41k.I was self employed in the construction industry in 2007 and my business failed.I operated as a sole trader and at  the year end I was under serious debt having foolishly paid my employees in cash I now find myself with a revenue bill that I can't even begin to understand how I may pay it off.I now work as an employee for another construction firm with a bi weekly income of €1500 take home however my personal addicted gambling situation over the past 4 years has seen me rack up huge debts of close to €50k that i am currently struggling to repay.I am totally at a loss to come up with an answer on my own as to how I am to cope for the future. CAn you please help with suggestions? please?

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