Declaring yourself Bankrupt

[cojak]

Too late to move this to Accounting/Legal sadly...

[Mich the Tester]

Well that's put rather a dampener on an otherwise cheery day here on CUK.

Anyone planning any deaths this week?

Messy divorces perhaps?

[CoolerKing]

I suggest you apply for as many credit cards and loans as possible blowing the cash in an orgiastic rampage of drugs, drinks and cheap sex.

In for a penny .

Done that already......

[OwlHoot]

It is now looking likely after 11 years contracting that I will be out of a job end of this month.
With a whack of Corp tax. to pay on the day am tempted to empty my accounts and go bankrupt if there is no sign of contract work?

Good idea or not?

Do you mean declare your Ltd insolvent, or yourself?

If it's the latter they'll be after your assets, such as any property you own

[CoolerKing]

Do you mean declare your Ltd insolvent, or yourself?

If it's the latter they'll be after your assets, such as any property you own

Ltd company........

[CoolerKing]

Too late to move this to Accounting/Legal sadly...

I believe as a matter of principle any contractor who has lost his job as a direct result of offshoring/outsourcing should let the government foot the bill for the UK worker being unemployed.....Declare company Bankrupt!!!

[MarillionFan]

Well that's put rather a dampener on an otherwise cheery day here on CUK.

Anyone planning any deaths this week?

Messy divorces perhaps?

Mmm.

If I killed my wife and buried her under patio next to Mordac would that count as a divorce?

Oh and can I claim expenses for sand & cement?

[Pondlife]

Ltd company........

And how do you intend to record this "withdrawl" that doesn't implicate you.

Salary, divi or just snatch and run?

[minestrone]

I believe as a matter of principle any contractor who has lost his job as a direct result of offshoring/outsourcing should let the government foot the bill for the UK worker being unemployed.....Declare company Bankrupt!!!

That is a bit like saying you are going to chop your nads off because someone stole your girl.

[CoolerKing]

And how do you intend to record this "withdrawl" that doesn't implicate you.

Salary, divi or just snatch and run?

Combination of divi and salary...........on the pretext I have np cash flow coming in the Govt can wait till I gain empployment.....after all its their ****ing policy on allowing Non EU workers into this country thats cost me my job............