Hi all, great forum. Hoping you might be able to help with a question. I am helping my uncle with dealing with bankruptcy. He was self employed and built up a number of debts both to suppliers, government (tax, national insurance, vat) and credit card. I am doing most of the work filling in the bankruptcy forms but he hasn't yet completed his tax assessment for last year and obviously not for this year either. So, have put the current tax bill onto the form but what happens about the rest future tax bills that will come in based on his past earnings? Will the OR take these as being part of the current debt as they come in or do we need everything fully up to date before bankruptcy can be filed? Many thanks in advance for any advice. Ian.
Outstanding debts
Posted - 16 September 2009 : 20:10:00
