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Tax Issues and Bankruptcy (58)
Tuesday, 30 April 2013 07:51
Will Taxes Owed To HMRC Be Included If I Am Made Bankrupt?
Written by Jon
I was working for myself for a few years and never paid taxes and now HMRC has caught up with me and are threatening to make me bankrupt. I am fine with being made bankrupt as I own nothing. What else can happen to me and will the taxes be included in the bankruptcy?
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Tax Issues and Bankruptcy
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I am closing my business after 10 years as the trading has dramatically dropped off. I owe HMRC thouhsands and want to know if I can include this in a bankruptcy.
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My business has not been trading well this year and I feel I am now facing the real possibility of going bankrupt. I owe HMRC thousands in unpaid taxes for this year and am worried that if I go bankrupt I will not be able to include those taxes in my bankruptcy.
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I personally over £26,000 to the vat office and £5,000 to the revenue as well as £10,000 to my bank.
Yourquestion: If I go bankrupt will the hmrc debt be included?
Yourquestion: If I go bankrupt will the hmrc debt be included?
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I owe VAT and other taxes to HMRC and my business is no longer trading, can I include these taxes in bankruptcy?
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Hi I'm self employed and I haven't done any VAT returns or tax returns for the past 2 years . The amount witch is owed. I can't afford to pay back I have not contacted the inland revenue yet about this what would be my best route of action . If I go bankrupt would this clear the debts as I have no assets I really don't know what to do
Regards
Regards
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I am in the process of closing down my business but I owe HMRC taxes still. I am wondering what I can do with these taxes, can I go bankrupt?
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I owe HMRC a lot in back taxes and also VAT I haven't paid. Can I Include this in my bankruptcy?
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I am about to go bankrupt and have been told that I could have my taxes taken to pay to the bankruptcy, won't I then owe taxes?
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Tax Issues and Bankruptcy
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Wednesday, 07 March 2012 07:48
Does My Bankruptcy End When My Tax Code Returns To Normal?
Written by Jon
I went bankrupt on 14/08/11. I have been told that my tax code will return to normal on 5/04/12.
Yourquestion: Does my bankruptcy end when my tax code returns to normal?
Yourquestion: Does my bankruptcy end when my tax code returns to normal?
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Tax Issues and Bankruptcy
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