Undischarged income tax query

Happy_bunny

I was declared bankrupt last October and my tax went to 0.00 within the first month of BR order, My tax code stayed the same but not tax was paid.

I have no payment plan or order and believed the no tax thing lasted the whole period of my BR - So would automatically revert to a usual tax code paid on discharge?

However for the July and August pay dates I've been taxed a total of £350 (ish)

My work is seasonal and there has always been the option of recent overtime - more so recently due to staff shortages - My income and expenditure was worked out with summer overtime and winter downtime accounted for at BR.

I've accepted a new position where I receive a normal salary rather than salary + overtime financially makes no difference in paid amounts IYSWIM still the same rate paid for the same hours and no guarantee OT will be provided, especially due to recruitment continuing - a limited hours contract I suppose?!


Not sure why or what the issue is and worried the OR will now think I'm better financially than I stated ::eek:

Can anyone offer any advice of thoughts to put my mind at rest?

luvchocolate

Hi you pay no tax at source for the tax year you are B.R however you put this aside to pay the O.R I set up a standing order to pay my trustee with the last payment being March.

TheGardener

The Nil Tax code will run from the date of BR to the end of the financial year or - until you get a new employer - whichever comes first -regardless of whether you are discharged or not. If you were made BR last October - I would have expected you would have started paying tax normally again in April 2018?

EDIT: having re-read the original post - its possible the OR included the tax you 'saved' in your winter income. So - you should have paid normal tax via your employer since April 2018.