My client stopped trading now and wants to close his self asessment.
He has to file his return for the year when he stopped trading, so if this is now, this means he will have to wait until April 2016 to file his 15-16 SA return? He will be due a small refund for CIS deducted paymets, and no other income to arise before April 2016, but do I get it right he can't receive the CIS deductions refund before teh current PAYE year ends and he files this return?
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6 April 2016
He can't logically file a tax return for 2015/2016 until the year has ended.
All sources
As the return will include all his income for 2015/16, he cannot complete the return until 6th April 2016.
Unless he dies .....