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tax after br

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Comments

  • debtinfo
    debtinfo Posts: 7,012 Forumite
    What happeneds if your on benefits?

    If your sole income is from benefits you will not get an ipa. its more complicated if you have a mixture of earned income and benefits and would probably require its own thread with your personal circumstances
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    But an IPA is not taken out of his wages before they hit his bank account. There is a DD or SO set up to pay it to Moon Beaver.

    Bankruptcy is an oppurtunity to reacess your life and stop all the bad habits and get your life back in order and start living how you should be living and dealing with things like IPA's and NT code IPA's helps us get our act together. He obviously hasn't learnt his lesson.

    I thought an IPO it was taken by the PAYE system, not as a DD from the bank account. Ill have to have another word with him over it. But no he hasn't learned his lesson, this is his 3rd BR since 1994.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
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