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sleeplessnights
Junior Member
United Kingdom
256 Posts |
 Posted - 24 November 2008 : 17:48:20
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Hi,
We went bankrupt individualy on the 6th Oct 2008.
Best thing we ever did for the record.
We filled in the forms to allow the OR to contact the tax office and declare NT Codes for us both about 3 weeks ago.
My partners company has played ball and we received a letter from the OR about two weeks ago stating Moonbeavers would be in touch about receiving the tax.
Now, my partner gets paid tomorrow and we have not heard anything from Moonbeavers about how we pay them?
Do you reckon we should sit and wait or get in touch with Moonbeavers?
If anyone else has dealt with Moonbeavers how long did it take for them to get in touch?
thanks
Matt
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Integrity
Junior Member
United Kingdom
201 Posts |
Posted - 24 November 2008 : 18:04:40
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| My understanding is the OR contacts the tax office and the tax office contacts the employer to issue the NT code. It is only after that has occured that your tax code getts set to NIL and you pay the difference to the OR. Until that happens you cant pay. It may be worth a contact to the tax office to see if your request has been received :-) |
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sleeplessnights
Junior Member
United Kingdom
256 Posts |
Posted - 24 November 2008 : 18:13:39
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We have already signed the IPA forms and had the letter from the OR stating they are now legally enforcable. My partners company has also sent a letter to her stating she is on an NT tax code.
It also states in the letter that Moonbeavers will be in touch and that they are acting on behalf of the OR.
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Edited by - sleeplessnights on 24 November 2008 18:14:34 |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 24 November 2008 : 18:40:14
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I didn't get an NT code, but I have a 'normal' IPA. I started paying later than agreed in the IPA paperwork as Clarke Willmott (who collect my payments) didn't get in contact in time.
If your partner has an NT code this month I would put the money aside and wait for Moon Beever to contact you.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/ |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 24 November 2008 : 18:53:36
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Hi SN
I had moonbeavers and they wrote to us beg of oct to say they would be collecting the money and they asked that we send wage slips to them so that they knew when the code had started.
We did this and sent of last months slip and they wrote back about 31st Oct & the SO has been set up now, for us all in all about 2 1/2 months from signing with the OR to the code changing and then Moonbeever sending us details of where to send.
We now have a SO for the 28th of each month going to them.
I would say they contacted us about a month after signing the IPA then a bit extra to get it all rolling.
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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sleeplessnights
Junior Member
United Kingdom
256 Posts |
Posted - 24 November 2008 : 19:19:37
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| thanks all, obviously we are going to have to put the money aside, (right before xmas) until Moonbeavers get in touch.... |
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zamfir
Junior Member
303 Posts |
Posted - 24 November 2008 : 19:29:18
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I went BR beginning of August, signed the NT letter 3 weeks later, but have still not been switched to NT code.
HMRC wrote a letter to me about a month ago, advising that I'm going to be switched to NT soon. I get paid Friday, so we'll wait and see :) |
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zamfir
Junior Member
303 Posts |
Posted - 24 November 2008 : 19:31:03
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| Forgot to say, maybe my tax code changing from 549L to 609L possibly delayed the switching to NT? |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 24 November 2008 : 19:44:38
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Hi SN
I would def put the money to one side as you never know when they may ask for it.
If your code has changed then that would be the best way to go, if it still has not then you dont have to worry about the money until it finally changes.
Take care
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Topic |
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Moonbeavers
