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  • FIRST POST
    • Darrenm325
    • By Darrenm325 6th Nov 17, 2:25 PM
    • 28Posts
    • 6Thanks
    Darrenm325
    Over3 months in to bankrucpty still no ipa/ or income tax
    • #1
    • 6th Nov 17, 2:25 PM
    Over3 months in to bankrucpty still no ipa/ or income tax 6th Nov 17 at 2:25 PM
    Afternoon
    Went BR Aug 10th this year still not herd about paying for a ipa or income tax to OR Iím getting a bit worried
Page 1
    • StopIt
    • By StopIt 6th Nov 17, 2:32 PM
    • 1,371 Posts
    • 1,169 Thanks
    StopIt
    • #2
    • 6th Nov 17, 2:32 PM
    • #2
    • 6th Nov 17, 2:32 PM
    In which case, you may well avoid one.


    You can always contact the OR and ask.
    • Darrenm325
    • By Darrenm325 6th Nov 17, 2:42 PM
    • 28 Posts
    • 6 Thanks
    Darrenm325
    • #3
    • 6th Nov 17, 2:42 PM
    Ipa
    • #3
    • 6th Nov 17, 2:42 PM
    I very much doubt I will get away with it as I do a lot of overtime some months and can earn in excess of £13000 a year in overtime
    All I can do is pray tho 🤞 could any one tell me how long it would take from disputing a ipa till a court date
    • StopIt
    • By StopIt 6th Nov 17, 3:33 PM
    • 1,371 Posts
    • 1,169 Thanks
    StopIt
    • #4
    • 6th Nov 17, 3:33 PM
    • #4
    • 6th Nov 17, 3:33 PM
    I replied to another thread you posted in, but an IPA isn't needed to reclaim overtime payments.


    The OR will ask for/look at your bank statements and you must declare overtime income as you earn it. Any excess income above the agreed SOA can be taken by the OR.
    • Potbellypig
    • By Potbellypig 6th Nov 17, 8:40 PM
    • 149 Posts
    • 68 Thanks
    Potbellypig
    • #5
    • 6th Nov 17, 8:40 PM
    • #5
    • 6th Nov 17, 8:40 PM
    Afternoon
    Went BR Aug 10th this year still not herd about paying for a ipa or income tax to OR Iím getting a bit worried
    Originally posted by Darrenm325
    When I went bankrupt, I was paye and doing overtime. I never paid tax on the overtime, nor did the OR mention anything about it. I always thought I'd get a come back on that, but never did.
    • KeepOnKnitting
    • By KeepOnKnitting 6th Nov 17, 9:54 PM
    • 105 Posts
    • 124 Thanks
    KeepOnKnitting
    • #6
    • 6th Nov 17, 9:54 PM
    • #6
    • 6th Nov 17, 9:54 PM
    I think you may need a little reminder about not poking the bear. You have to have faith that the OR knows what they are doing and will get to you when they can get to you. In the meantime, sit tight and don't poke the bear. If they ask for info, be open and honest and forthcoming. If they happen to have bigger fish to fry right now, let them get on with it.
    On a yarn diet, knitting my stash in a year of tight budgeting.
    • TheGardener
    • By TheGardener 9th Nov 17, 7:34 AM
    • 2,167 Posts
    • 2,051 Thanks
    TheGardener
    • #7
    • 9th Nov 17, 7:34 AM
    • #7
    • 9th Nov 17, 7:34 AM
    ^^^ keeponknitting is right. Sit tight and only speak when spoken to by the OR. Everything is their responsibility now - you don't need to be 'worried'
    Put the tax money somewhere safe and just wait.

    Do you have a history of post going missing? If not, just sit tight.
    Last edited by TheGardener; 09-11-2017 at 7:39 AM.
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