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The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Client just found a March 14 receipt
Post Info TOPIC: Client just found a March 14 receipt
Beste


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Client just found a March 14 receipt
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Can I include this in this year's tax return? 

TIA

Beste



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Cheshire


Master Book-keeper

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Is it a significant amount?



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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Beste


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No just a train ticket for £10.70

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FoxAccountancyServices


Expert

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Add it to this year's expenses :)



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Cheshire


Master Book-keeper

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Agree - not worth messing about given the amount involved!

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
HendyPhilhendy


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Date:
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Add it to this year's figures will be fine - 'Materiality' is a useful concept / get out clause

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Phil Hendy, The Accountancy Mentor

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Beste


Member

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Posts: 18
Date:
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Thank you. I have just been told the insurance we included in the accounts in fact didn't cover all the tax period but included £153 that should have been deferred
I think I need to look to declare that, which i am not looking forward to doing.
Last tax year was her first trading year and nothing much happened so I haven't had much to go with. This year when she handed them over in full, I questioned about the insurance and it came to light.

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