|
|
 |
 |
FORUM |
|
> Browse and post on our forum |
|
|
|
 |
|
 |
|
Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!
|
| T O P I C R E V I E W |
| sallyjane23 |
Posted - 10 June 2008 : 22:15:05
Hi could anyone tell me a bit more about how BR will effect you in the accountancy profession.
I got made redundant in Feb 08 and have only just started temping as i cant find any work (not BR yet, just scared of finding a job due to BR looming so always find something wrong with it but thats another story!) anyway, i work in accounts i have done for 4 years and im an accounts assistant so i basically chase outstanding invoices, post the cash that comes in, check the bank accounts to see what cash has come in and post to correct accounts, etc i have no qualifications so am not in charge of signing accounts off or paying money from the bacnk accounts. Im really scared that im going to get a good job, they find out im BR and then they sack me!! what is the legality around BR can they sack you in my position? with the nil tax code will they ask me why my tax code has changed?? any advise on any of the above would be of great help. Sorry its a bit rambled!!!! Thanks |
| 5 L A T E S T R E P L I E S (Newest First) |
| Reviva UK |
Posted - 11 June 2008 : 20:40:01
Hi sallyjane23
clearly you could get an NT tax code if you had overpaid tax previously and this is the tax offices way of rectifying the situation.
I have had a couple of clients that were terrified of the NT change ( even though their employment contracts were safe ) so they decided to enter a short term Debt management plan until Late feb or early March of this year and then petition for Br. As the NT tax code only lasts for that financial year petitioning at the 11th hour means that the code doesn't change.
only an idea if it is really imortant to you
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
| sallyjane23 |
Posted - 11 June 2008 : 19:08:09
Thanks for your speedy responses!!! Has settled my mind a bit.
Does anyone know what other reasons you get a nil tax code for?
|
| m and v |
Posted - 11 June 2008 : 07:22:04
Apologies - the scenario Julian gave was a mortgage broker not an accountant - but the idea is the same!!! lol x
Vicki x |
| melanie_giles |
Posted - 10 June 2008 : 23:11:45
The FSA does not govern professional accountants, but their regulatory bodies do - so I am not sure about the posting referred to above. As you work in an accounts department, I assume that you do not hold professional qualifications, therefore neither the regulatory bodies or the FSA have anuthing to do with your employability.
You would, however, need to check the firm's policy on this, by looking through staff handbooks and employment contracts to be sure.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
| m and v |
Posted - 10 June 2008 : 22:34:08
Hi Sallyjane23 - welcome to the forum.
Just to put your mind at rest - Julian (forum spokesperson) was talking about an accountant who had challenged the FSA's decision to bar him from practicing and been able to continue practicing after BR.
You will need to check the terms and conditions of any job you apply for but most companies don't ban applications from people who have gone BR.
I am sure they can't sack you if they find out you are BR - that would be unfair dismissal.
One of the BR assist experts will be able to advise you further - hope this helps a little in the meantime.
Vicki x |
|
|
| bankruptcyhelp.org.uk Forum |
© bankruptcyhelp |
 |
|
|
|
|
 |
|
|
|
|
|
