HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 Forum Questions
 i have had to make myself bankrupt
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

g61
Starting Member



1 Posts

Posted - 08 October 2008 :  11:48:16  Show Profile  Visit g61's Homepage  Reply with Quote
i have had to make myself bankrupt the official reciever asked me to sign an income payment agreement .so i now get a nt tax code .so i pay no tax. but pay what tax i would have been deducted to the receiver.does this mean after my bancruptcy is over i will owe the tax man all the unpaid tax

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 08 October 2008 :  12:14:14  Show Profile  Reply with Quote
Hi g61 and welcome

No when your br is over and the code finishedd you will go back to normal.

You wont owe the IR anything.

Good luck

Jo x
Your Mother Hen :-)

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Go to Top of Page

got there
Junior Member



United Kingdom
461 Posts

Posted - 08 October 2008 :  14:38:54  Show Profile  Reply with Quote
From what I gather from Skippy I thought you only got a NT code until the end of the financial year, so if you go BR now last payment would be March 09?? Correct me if I am wrong. x
Go to Top of Page

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 08 October 2008 :  14:43:27  Show Profile  Reply with Quote
Hey GT your right like i said once the NT code for the end of the financial year is over thats it, back to normal, so we dont have to pay anything else to the OR or the IR unless of course circumstances change and you get an income IPA before discharge of course.

LOL

Jo x
Your Mother Hen :-)

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Go to Top of Page

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 08 October 2008 :  14:45:28  Show Profile  Reply with Quote
Hi did i not write my first reply properly, and for it to sound like that, oh well i knew what i meant just forgot to add in the end of tax year.

Oooops! Sorry

Jo x
Your Mother Hen :-)

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06