NIL Tax

JCS1

About_Time wrote: »

I can't work out why they do this, surely the tax man takes priority over everyone else?

HMRC were a priority creditor, but that was changed with the Enterprise act.

mighty_reds

I'm in a similar boat, although I'm only 6-weeks into my BR. I don't have any bad feelings for the OR if they don't get round to things but I'm too busy trying to do my own job, let alone start doing the Insolvency Service's job for them.

Let us know when you get put on Nil Tax, I'll keep an eye on this thread :money:

tmcd01

On a similar thread, does anybody know at what point do they stop the NT code? My sister was supposed to have a NT tax code for three months up until the ned of the last financial year. She made the three payment to moonbeaver and they then wrote to say that it was the final instalment and she thought that was that. She has since has 2 or 3 paydays, and her code is still NT, so obviously she is getting more pay. She has told the OR but nothing has happened - does she need to contact HMRC? Is this normal?

Thanks

JCS1

tmcd01 wrote: »

On a similar thread, does anybody know at what point do they stop the NT code? My sister was supposed to have a NT tax code for three months up until the ned of the last financial year. She made the three payment to moonbeaver and they then wrote to say that it was the final instalment and she thought that was that. She has since has 2 or 3 paydays, and her code is still NT, so obviously she is getting more pay. She has told the OR but nothing has happened - does she need to contact HMRC? Is this normal?

Thanks

Until the end of the tax year in which you go bankrupt (ends 5th April) or if you change jobs.

need to phone HMRC as they are the only ones who can change a tax code.

phillymitch69

Sorry to ask, but haven't had my OR interview yet.

What is meant by a nil tax code and Moonbeaver!?

Phil

Flowerpot_2

Holes_in_my_pocket wrote: »

2 months in and still no NIL TAX CODE should i just leave things as it is or tell the OR rather not have one

Nearly one month in for me Holes & i haven't heard anything either on my interview i was told i would recieve the forms tout suite for nil tax code & BI for house - I haven't had any calls or any post?
Like you I am left a-wondering :rolleyes:
FP x