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| T O P I C R E V I E W |
| kma |
Posted - 21 September 2008 : 23:18:37
Hi Everyone, can you advise me please. I went BR in May and am currently making IPA payments. I was self employed up until March 2008 and am confused about my tax return. I understand that even though I am now bankrupt I must submit my return for last year as normal - is this correct? And will I be liable to pay the tax on my earnings for last year? |
| 3 L A T E S T R E P L I E S (Newest First) |
| kma |
Posted - 22 September 2008 : 21:56:30
Thanks guys, I haven't actually been asked to submit a return, I just received the normal form from the revenue prior to my bankruptcy and have read a few posts that led me to think I just submit my return as normal. |
| Suzanne |
Posted - 22 September 2008 : 10:33:46
Hi
If HMRC are asking you to submit a return then you should, but I would make it clear to them that you were bankrupt in May and provide them with the Court name and number, and the OR details.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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| BankruptC |
Posted - 21 September 2008 : 23:48:31
Hi kma,
I'm sorry, this isn't something I can help you with, but there was a similar thread a few days ago. I think the person posting had not yet gone BR but it may give you some idea until someone comes alog who is able to help you. :-)
If you do a search, the post is entitled 'Tax before bankruptcy' or something similar!
Sorry I couldn't help you more.
C. x |
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