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 bankruptcy postbag for august
 Telling my Employer about BR...
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dazed and confused
Junior Member



United Kingdom
475 Posts

Posted - 04 August 2008 :  21:40:41  Show Profile  Reply with Quote

Dear Forum

Hope you are all well!

I know I have already posted about this once so sorry for repeating myself, and sorryto the people who have already replied, but I seem to be getting conflicting messages.

I am going to be going BR soon - probably within the next month or so - and I would like to know whether I will have to tell my Employers or not?

Will my direct Manager find out if I don't tell them?

If they are going to find out, I would rather they hear it directly from me rather than from the OR or from the Payroll Department.

Also, as I understand it, once BR you are then out on a 'No Tax' code - what exactly does this mean and what are the implications of this?

I look forward to hearing from you!

Snowman

Trolly-Dolly
Average Member



591 Posts

Posted - 04 August 2008 :  23:36:59  Show Profile  Reply with Quote
Hiya,

Heres my take on it, so just use what applies to you iykwim?

As there is nothing in my t&c's about BR, I therefore consider it none of my employers business! I'm not going to tell them or explain anything; its private and thats that! However the OR will write to my company to break the good news and have my tax code set to NIL for the remainder of the tax year. Maybe payroll will infor my direct manager, I dont really know. It all seems quite straight forward and almost anonymous as I work in a large company. What does worry me however is that I know that word of BR is slow, by that I mean it takes time to let the creditors know and get the message. NR are talking about an attachment of earnings, I'll be furious if they go for that once I am BR, because thats going to involve talking to someone at work about the miscommunication.

HTH

You can read my blog here;

http://drowningmummy.blogs.iva.co.uk/
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