Employer records: maintain employer record: bankruptcies - reports to debt management office
If the Debt Management Office believe that an employer is in bankruptcy or a trustee hasfailed to operate PAYE correctly they will forward to you either
- A P35 if the business has ceased
- An informal statement of tax deducted on the return if the business is continuing
If you are required to make such a report, follow the Action Guide ‘Bankruptcies -Reports To Debt Management Office’ PAYE21011.