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T O P I C    R E V I E W
leakie Posted - 10 September 2009 : 16:54:21
The Inland Revenue wants me to file my 2009 return in 2 parts, Pre BR and Post BR? (I went BR 6th Jan 2009)
I queried this with my OR and she maintains only file Post BR?
The IR insist that my old Company has not closed down and restarted, but the OR says it has closed down on the Date of my BR and I could start up again with a new company, any time after BR.
Which is correct?
I assume the OR,
Any Advise please,

Hope the above makes sense

All the best

Leakie
2   L A T E S T    R E P L I E S    (Newest First)
leakie Posted - 10 September 2009 : 19:26:12
Thanks Debtinfo
I thought that was the case,
May be they are trying to get me to pay any Pre-BR
tax as well as Post BR.
This also has implications on any Child Tax Credit and Working Tax Credit claims that I may have.
New company and only 3 months Profit to pay Tax on,
The profit are going to be very low. so should be a higher pay out?

all the best

Leakie
debtinfo Posted - 10 September 2009 : 17:29:27
The OR is correct in that a new business is started after the bankrutcy.

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