tAX rEBATES WHILE BANKRUPT

Hi

Can anyone give advice on this please. A client went bankrupt in Jan 2013 and has been Self Employed since Feb 2012. As there was no change of source of income during the tax year of the Order I understand that any tax due for the whole year is included in the order. The client operates under the CIS as a sole trader so is stopped 20% at source. My questions are ;

 

1 Does this mean that no tax is due for the year 2012/13 ?

 

2 If so will the tax deducted be repaid to the taxpayer or taken by OR as if PAYE no tax would be deducted with a NT coding and the bankrupt would receive the financial benefit.

 

Many thanks to all.

 

Simon

Comments
There are 2 comments. Login or register to view them.

Any tax due up to the date of

bernard michael |

Also note...

Pelican |