I have an SA client who went bankrupt towards the end of last year.
The Revenue have written to say that the tax on all 13/14 income will be treated as part of their bankruptcy claim.
Given that the accounts period end was October, what happens in practical terms? Do I report self employed income for the year to Oct 13 as would have been the case if the bankruptcy hadn't happened, or do I include the whole period to 5/4/14 and use up the overlap relief?
Many thanks in advance for all and any answers.