Recent content by Rajiv Puri

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    Non trading losses added back in Trade Profit Computation for a Limited Company

    Thnak you, Sir for quick reply. Let me clarify this - My accountants have shown 26031 as an expense - Profit/Loss of disposal of asset and then they hve shwn 22160 as Disallowable costs and then added to 22160 in trade profir computation. I hope this helps
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    Non trading losses added back in Trade Profit Computation for a Limited Company

    My accountants have sent me draft accounts for my limited company for approval. They have shown Profit/Loss of Disposal of Asset under Administrative expenses in Detailed Profit and Loss Account to the value of £26031. They have added back this figure in Trade Profit Computation. Profit...