F&F documentation required

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DaphneDebt

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Joined: Fri Jul 14, 2017 9:39 am
Post by DaphneDebt » Wed Jul 26, 2017 1:49 pm
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As I own property I've been asked to submit my tax return as well as my PAYE tax proof as part of the documentation for f&f.

Is this required as HMRC are a creditor or does everyone in this position have to do this?

Thanks
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Lisa Thomas

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Post by Lisa Thomas » Wed Jul 26, 2017 2:19 pm
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Yes you will need to comply so the IP can verify what you have recorded in your tax return.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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DaphneDebt

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Joined: Fri Jul 14, 2017 9:39 am
Post by DaphneDebt » Wed Jul 26, 2017 2:22 pm
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Lisa Thomas wrote:
Yes you will need to comply so the IP can verify what you have recorded in your tax return.

Thanks Lisa, do you think the current tax year is sufficient or would they need previous years?
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Lisa Thomas

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Post by Lisa Thomas » Wed Jul 26, 2017 3:32 pm
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Is your IVA in place?

Is this the first review?

They should check tax returns for the period/s since your IVA started.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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