With regard to this question with regard to current employment unless its written in contracts you dont.
However if you are going Bankrupt your payroll will know as your tax Code is reset.
No with regard to future employment that is now a minefield my company who shall remain nameless pre check all employee's and if you get a fail we will not hire.
One of the things they check is the Insolvency Register.
That would get me a fail I am still praying they dont check the existing employees however 6 months and mine should be over
Depends what time of year you go bankrupt - if it's very close to the end of the tax year you don't get a nil code so you might get away with it.
I would not get my job again now as it is credit checked but my firm know nothing of the IVA and again, that's how I intend it to stay. Got one year, probably two to go and during that time I can retire anyway so I don't think they'd care!!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Tax office mucked up my code one year, got 3 of them one for
0 - ????
222L - ??????
BR and finally the correct one. Not sure what went on there. Did not get the NT one though, thank God. I think a few people at our place were affected at the time though.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
My employer know about my iva, but then it was our financial director that suggested I look into some sort of insolvency after looking through my finances to see if the company could help me out at all.
My employer has no idea of my finances at all and never will have!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
kallis i believe we have an employer in common so with that in mind i will keep it to myself. this is a bad enough situation without them knowing as well. thanks for all the replies
We do indeed ditzy!! My theory is that what they don't know can't hurt them!!!
I'd no apply for another job within the organisation though as I know I would more than likely have to do a credit check.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
We do indeed ditzy!! My theory is that what they don't know can't hurt them!!!
I'd no apply for another job within the organisation though as I know I would more than likely have to do a credit check.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Not sure if I should have informed my employer, again public sector, but I didn't. Think I would have had to if it had been bankcuptcy though. I know they have tightened up on Professional Standards recently, so now we get asked, annually, to declare if anything in our personal lives may result in us being susceptable to corruption or professional wrongdoing.
Same here but, have neen asked to declare anything annually so, unless I have to then I won't!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I'm in public sector and our professional standards have stated in their newsletter to declare any bankcruptcy, IVA or even substantial additional unsecured borrowing "without delay". It seems they are tightening up!.
Can you get sacked for NOT disclosing? - I would feel embarrassed and more vulnerable especially under the current cut backs etc.
It's becoming more common for companies to included these clauses. I challenged a previous employer and won the argument not to include the clause.
It would be difficult for an employer to dismiss you for being in an IVA, if the clause was introduced after employment. They would also have to prove you are a risk to the company because of the IVA.
