I have recently submitted my Accounts to HMRC for my first year. As the Workwear and Tools account is under Expenses, it has affected my Corporation tax payable. The CT end of year adjustment figure does not match the figure I am required to pay.......HELP.
Hi Daniel,
I'm not familiar with the all rules for what is tax deductable, but in general if you cannot claim an expense as tax deductable you will need to manually adjust the Profit and Loss report produced by Solar Accounts to exclude those expenses.
Regards
