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T O P I C R E V I E W
bankconcern
Posted - 18 April 2013 : 12:42:21 Hi I am intending to move abroad. If I do that just before I go bankrupt, when I am working out my expenditure for my new country/job how do I know if there will be any surplus left over? In the UK you get a nil tax code which could mean that before tax/ & NI you do have surplus. If I am moving abroad I presume I cant get a nil tax code in my destination country and that would mean that country giving money to the UK. How would this work? Just trying to work out if in my new country and I will have "surplus". I dont once I take out tax. But I would if that country didnt take it. Any advice would be great. Thanks
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 18 April 2013 : 12:48:23 A nil tax payment is different to an IPA.
Your surplus is simply your income minus your outgoings, however, you are only allowed your essential living expenses.
