CSLM10126 – FAQs: employers questions and answers: employee bankrupt - do I still make deductions?

Suggested answer

Yes. You should continue to make deductions if the borrower’s income exceeds the threshold until you receive a Stop Notice (SL2).

HMRC action

None.

Note: This query assumes that the employer has told you that the employee is bankrupt. This is not information you should divulge to the employer or any other third party.