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| T O P I C R E V I E W |
| jenny |
Posted - 01 August 2008 : 00:18:52
oh was part time entertainer, does he have to put stage name on forms even though it was never used for obtaining credit,just purely for stage does anybody know |
| 2 L A T E S T R E P L I E S (Newest First) |
| jenny |
Posted - 01 August 2008 : 10:33:29
hi assist oh never earned enough money, it was more a hobby than anything else, i always worked full time, worried now in case he should have paid tax, he hasnt worked for a number of years, so where will he stand with ir quote:
Originally posted by Assist
Hi jenny
if your oh was previously trading under the stage name and declaring these additional earnings to the IR then this needs to be noted on the 6:27 and in section 2 of the SoA.
Even though he has never attained credit under the stage name the OR needs to know that he has no debts under it. An instance would be that he holds deposits in advance for future performances, the process used for the OR to establish, as best he can, that there are no debts under the stage name is to advertise it in the press.
The insolvency notice would read "oh's name - also trading as - stage name" then state that he is now bankrupt. This would give any creditor's the opportunity to contact the OR, if there are any.
Just assuring the OR there are no such trading debts would not be sufficient as the OR has a duty to check.
Assisting where I can.
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| John |
Posted - 01 August 2008 : 06:55:16
Hi jenny
if your oh was previously trading under the stage name and declaring these additional earnings to the IR then this needs to be noted on the 6:27 and in section 2 of the SoA.
Even though he has never attained credit under the stage name the OR needs to know that he has no debts under it. An instance would be that he holds deposits in advance for future performances, the process used for the OR to establish, as best he can, that there are no debts under the stage name is to advertise it in the press.
The insolvency notice would read "oh's name - also trading as - stage name" then state that he is now bankrupt. This would give any creditor's the opportunity to contact the OR, if there are any.
Just assuring the OR there are no such trading debts would not be sufficient as the OR has a duty to check.
Assisting where I can. |
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