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 can I keep any christmas proffits to live on ?

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a.s Posted - 20 November 2008 : 18:35:27
me again! can I keep any christmas proffits to live on as I wont be working and have 3 children (sorry going br in my pub!) have taken virtually nothing out of the business all year,most of my creditors are pubco related
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John Posted - 20 November 2008 : 22:32:51
Hi

I think you've asked this one before.
We all have to live so if you have a business the profits are yours. To pay household bills and living costs with these funds is perfectly ok. You just can't use it for unnecesary expenditure particularly just before declaring BR.

www.Bankruptcyhelp.org.uk
0800 078 9367
movin on Posted - 20 November 2008 : 20:03:41
Hi there

Sorry i dont know the answer but will bump it up for you

Onwards and Upwards is the way im going :-0)

xx

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