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Bankruptcy & Self Employed
Karlitos12
Posts: 1 Newbie
Morning all newbie here,
To cut a long story short I’m in the process of saving to go bankrupt I have been advised it’s the best step forward.
However my quiestuon is because I’m self employed should I wait until I have completed my tax return for 18/19 (I’m sure il be owed some money here) this not only having this money will enable me to pay for bankruptcy . Or should I do it before ie Feb/March time before SA is due?
I have read that once you become BR that any SA in this period is automatically sent to the OR (which I’m happy with) I’m just wondering if I should file now or after April?
Any help would be most appreciated
To cut a long story short I’m in the process of saving to go bankrupt I have been advised it’s the best step forward.
However my quiestuon is because I’m self employed should I wait until I have completed my tax return for 18/19 (I’m sure il be owed some money here) this not only having this money will enable me to pay for bankruptcy . Or should I do it before ie Feb/March time before SA is due?
I have read that once you become BR that any SA in this period is automatically sent to the OR (which I’m happy with) I’m just wondering if I should file now or after April?
Any help would be most appreciated
0
Comments
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if its a huge rebate it will help but the IS will want details how you spent it/ran off to Greece with it0
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