| Author |
 Topic  |
|
|
makeawish
Starting Member
United Kingdom
19 Posts |
 Posted - 26 May 2012 : 23:39:34
|
| paid my income tax over to the or in april and have now gone back to a regular tax code.i have checked my papers but there is no mention of an ipa/ipo?how long does it take generally to find out what your expected,if anything to continue paying.i rang the office concerned and all he said was i am on their system!i dont want to wait three months down the line and them say "you will pay x amount for how many months and be lumbered with a big bill going back till april? |
|
|
Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 27 May 2012 : 00:55:52
|
Hi Makeawish,
When did you declare bankruptcy?
Have you any surplus?
If you do get an IPA, it won't be backdated.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp |
 |
|
|
makeawish
Starting Member
United Kingdom
19 Posts |
Posted - 27 May 2012 : 08:45:55
|
hi vickki thanks for the reply.i actually went br in august 2011,they sent me another income,expenditure form which i returned but thi was over two months ago and since then i have heard nothing?
simon
simon |
|
|
|
Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 27 May 2012 : 09:29:58
|
Have you got a surplus at the end of the month?
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp |
|
|
|
year 2029
Average Member
590 Posts |
Posted - 30 May 2012 : 15:44:55
|
Just to add, they need to set the IPA up before your automatic discharge from your BR.
From what I can make out, to take into account postal services etc, they woul dhave to set something up at least a month or so before your discharge.
It would run from when it was put into place, not backdated, and would normally run for 36months.
The big question is, as Viki has asked, is have you got a surplus?
--------------
Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
|
|
| |
Topic |
|
How long does it generally take to find out what is expected re ipa/ipo ?
