| T O P I C R E V I E W |
| j.r |
Posted - 12 July 2008 : 12:13:19
i was made bankrupt in june this year then in july got a tax rebate which was for 2007/2008 tax year.Will this go to the OR.
MANY THANKS
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| 5 L A T E S T R E P L I E S (Newest First) |
| JulianDonnelly |
Posted - 14 July 2008 : 11:57:59
I concur!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| melanie_giles |
Posted - 13 July 2008 : 22:21:14
It is likely that the rebate will be sent to the OR directly in any case, but it is rightly payable to the Trustee as a debt due to you at the date of the bankruptcy order.
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 |
| Reviva UK |
Posted - 13 July 2008 : 21:15:21
You will also have signed 2 forms shortly after the br - sent by the OR's office.
The first one gives the OR authority to speak to the Tax office and see if you are due a rebate.
the second form incorporates the purjery act
the right thing to do is not spend the money and let them know asap. They will see this as positive behavour from you and will put you in a better position re early discharge etc - as you have cooperated with the OR.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
| John |
Posted - 12 July 2008 : 17:04:45
Hi jr
I'm afraid you do have to inform the OR and he is almost certainly going to ask for the proceeds. |
| Porcorosso |
Posted - 12 July 2008 : 16:34:19
One of the experts will be able to tell you for certain but it may be that you have to pay the monies to the OR, however as the rebate relates to a period outside your actual BR then you might get to keep it. Is your current tax code NT?
Not the best time to be self employed! |
