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Spentalot
Junior Member
136 Posts |
 Posted - 10 September 2008 : 19:18:06
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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.
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 10 September 2008 : 20:28:09
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Hi Spentalot (Love the name)
Im not sure on your situation, maybe one of the other experts can shed some light on this for you.
Hang on in there. :-)
Jo x
"There is light at the end of the tunnel, if you cant find it get a brighter torch"
For links to help with Bankruptcy, useful web pages and also a run down of my new debt free life, both before and after Bankruptcy, then please visit my blog:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
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Spentalot
Junior Member
136 Posts |
Posted - 11 September 2008 : 17:31:08
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Hi Jo
Thanks for your reply and support. Haven't had any other replies yet, but as a newbie have I posted in the wrong place? |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 11 September 2008 : 17:55:57
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Hi yes
You have put it in 2007 postings.
Try a new one in the more recent postings.
Good luck
Jo x
"There is light at the end of the tunnel, if you cant find it get a brighter torch"
For links to help with Bankruptcy, useful web pages and also a run down of my new debt free life, both before and after Bankruptcy, then please visit my blog:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
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Spentalot
Junior Member
136 Posts |
Posted - 11 September 2008 : 19:21:41
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Thanks Jo.
Hope I've posted it in the right place now. |
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Self employed tax
