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The very idea of denying the owner of 50% of the shares access to the company bank account is bizarre. It is not as if he can legally syphon off money from the account.
Yes, that's what I meant. Isn't that figure in the last year a tax credit rather than an actual refund?
If I have a loss for the year I'm doing the accounts for, should I include a figure in the P/L for the potential tax credit? I's rather not as I anticipate further losses.
Please forgive...
I notice that in HMRC's sample statutory accounts, a CT loss is treated as profit after tax. Isn't this rather misleading, especially if further losses, rather than profits are anticipated? I'd rather leave it out of the accounts if this is permissible.
How many bad experiences should I have before I complain? I only mentioned one bad experience but it was the last of a quite long line.
I didn't say anything derogatory about all accountants, I just said that I'll never trust an accountant again. I'm sure there are good accountants out there...
Ha! The biggest problem I have with my current CH and CT returns is correcting the blunders which my accountant made last year. I'll never trust an accountant again.