Could i have some advise on how to treat this.
My client has a customer that dedcuts CIS from him. This client (a company) has gone bust owing my client quite a bit of money. My question is how should i treat the CIS aspect of this bad debt? My client has no idea if the tax has been paid over (contractor not commumicating).
Doesn't the CIS invoice have to have been paid to be able to claim the tax back on the tax return?