Council Tax/extra income tax question

Hi All 
I hope everyone is keeping well. 

I am on day 10 of being declared bankrupt and am still absorbing it all and getting my head around it, just got to return the last few forms then I think I'm done. 
It was confirmed by my OR this afternoon that I don't have to have an IPA which was a MASSIVE relief!!! I was also told during my initial interview that I won't need to pay council tax until the end of this tax year - is this definitely correct? And what do I do with the extra income, do I need to put it aside ready to be collected next end March? Also I know I will be put on zero tax code so again, what happens to that little bit of extra cash I'll receive if I'm not paying tax for this year? It's not much but again, should I be putting this aside until it's claimed??

Thanks in advance


Sign In or Register to comment.
Latest MSE News and Guides

British Gas prepay meter users... pay less for gas from 1 April

MSE News

The 'odd Easter flavours' thread 2023

What bizarre food stuffs have you spied?

MSE Forum

Energy Price Guarantee calculator

How much you'll likely pay from April

MSE Tools