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 working self employed while bankrupt		  New Topic  Reply to Topic
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das
Starting Member

United Kingdom
10 Posts
Posted - 26 February 2011 :  14:53:18  Show Profile  Reply with Quote
hi

i have been working for a company and only getting 2-3 days per week from christmas which is not enough to suport me and my family . i have been bankrupt from august 2010 and i would like to know will my administrator let me work for myself without registering for vat etc to try and earn a living ?

can anyone advise please .

ty

RHB
Senior Member

1159 Posts
Posted - 26 February 2011 :  16:46:30  Show Profile  Reply with Quote
I think if you work for ourself you have to register as self employed.
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das
Starting Member

United Kingdom
10 Posts
Posted - 26 February 2011 :  17:05:13  Show Profile  Reply with Quote
thanks for that . i was thinking that myself .
am i still allowed to do that while bankrupt ?
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Skippy
forum expert



United Kingdom
3290 Posts
Posted - 26 February 2011 :  17:40:23  Show Profile  Reply with Quote
I don't think it's a problem, but one of the experts will be able to confirm that.

I know you can register as self employed for tax purposes without being VAT registered as my OH has done this.

View my blog at http://skippy13.blogs.iva.co.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

Last IPA payment made on 28th June 2010 - it's over at last!
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moodybluetwo
Junior Member



156 Posts
Posted - 27 February 2011 :  11:32:28  Show Profile  Reply with Quote
I have been self employed since my bankruptcy. The OR based my income on my projected earnings but asked me to produce my accounts as normal in case they wanted to reassess my SOAs.I had to register with HMRC for national insurance as self employed ..I think you have 3 months to do this...and pay a basic contribution quarterly .
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