All Forums  archive  2007 postings.  Self employed tax

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Spentalot[/i] [br]Both my husband and I are self employed and were made bankrupt in January 2007, and discharged in January this year. The business is still trading. We tried to get some advice last year about filling in our tax return (2006-07), but got very conflicting answers. In the end we were told by a very unhelpful person at my tax office to file a tax return for the whole year. We were very confused about this, as we couldn't see how the tax office could could calculate our tax during the period of January to April 2007. We are also both pretty sure that during our telephone interview with the OR that she told us that the tax up to the end of that trading year would be included in our bankruptcy. This surprised us both at the time, as we assumed that we would be liable for tax from January to April 2007. The problem is that our tax liability online is showing an amount that appears to be for a whole year plus a previous amount. As we are getting close to filing a return for 2007-2008 can anyone of the experts help us with this please? I should add that we haven't heard anything from the tax office, and we are paying an IPA. [/quote]   Check here to include your profile signature.