whats this all about???

emmadiva

hi all! i declared myself bankrupt last december am in full time employment and have not paid a penny in tax since then! thought they were taking pity on me and have no clue about this nil tax thing until i came onto this forum??? will they want it all back do you think........... and if so any idea when??

Captain_Longbeard

You normally get details of a "nil tax code IPA" - where all your tax gets paid to you, and you pay that to MoonBeaver. Seems to be a total waste of time and makes no sense apart from to waste time and effort, but if you've spent the tax cash then they may get a bit funny....

Captain_Longbeard

thought they were taking pity on me

Oh, and your OR should have explained this to you during the interview....

emmadiva

nothing at all got explained to me about it! i think i'd better start saving hope they dont request it in the next couple of months :mad: another little mess i've got myself into!

wurzella

This is a good question, will they demand back pay on that money from the date you were made bankrupt or will payments start when moonbeaver get around to setting up the payment plan?

emmadiva

:rotfl:knowing the luck that im having it will no doubt be last dec!!!

wurzella

Oh well, what are they gonna do? Bankrupt you :rotfl::rotfl:

fiveyearplan

If you got a nil tax code from your BR last December it should have stopped at the end of the tax year 2009. Your tax code should have been changed back to normal in April this year. Are you saying you are still not having your tax deducted?

homersimpson316

Also.. Do you pay more than £50 tax a week? If it is under then they most likely wont enforce a nil tax code

Merry_Gentry

Even if the OR didn't explain it at interview, they will have sent you a letter to sign and return - did you receive this?

Merry_Gentry

BTW if you've spent it, they may extend your bankruptcy til it's paid off. My XHTB spent some of the money from his nil tax code and told me that his discharge was held off until he paid it back.