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IPA question
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ftb_40
Posts: 4 Newbie

Hi,
I’ve just been declared bankrupt and the IPA team have reviewed my income/ expenditure and I’ve been told I have to make only pay my tax from now until the end of the tax year.
my question is, if my wages stay the same from now until after the 12 months of bankruptcy is over, will I still be eligible to make payments if my income goes up the following year.
thanks.
I’ve just been declared bankrupt and the IPA team have reviewed my income/ expenditure and I’ve been told I have to make only pay my tax from now until the end of the tax year.
my question is, if my wages stay the same from now until after the 12 months of bankruptcy is over, will I still be eligible to make payments if my income goes up the following year.
thanks.
0
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An IPO/IPA can only be set up in the first year1
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