Manager liability for company tax obligations creates joint and several responsibility if the company cannot satisfy the debt.

Every person who is a manager during the financial year is jointly and severally liable for any amount due under the Code in respect of the company if that amount cannot be recovered from the company; this liability does not apply where the manager proves non-recovery cannot be attributed to neglect, misfeasance or breach of duty on his part, and the section prevails over contrary provisions of the Companies Act, with "manager" including a managing director as defined in the Companies Act.

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