UK Contractor Accountant's Recent Activity

  1. UK Contractor Accountant replied to the thread "Write offs" classed as expenses?.

    closing stock value on the balance sheet - should be valued at the lower of cost or net realisable value (NRV). NRV will be after...

    Jan 26, 2021 at 10:06 AM
  2. UK Contractor Accountant rated MyAccountantOnline's post Useful in the thread No Self Assessment late filing penalty if you file online by 28 February.

    For anyone who hasnt yet submitted a Self Assessment tax return for the year ended 5 April 2020....

    Jan 25, 2021 at 8:31 PM
  3. UK Contractor Accountant replied to the thread SEISS grant and tax return.

    yes it seems that no part of the SEIS grant, even if received before the 31 March 20 (or 5 April 20 year end date), needs to go on the...

    Jan 21, 2021 at 11:30 AM
  4. UK Contractor Accountant replied to the thread SEISS grant and tax return.

    The council grant would need to go on 19/20 tax return if accrual accounting and have 31 March 20 year end.

    Jan 21, 2021 at 11:06 AM
  5. UK Contractor Accountant replied to the thread SEISS grant and tax return.

    If made claim after your year end date then goes on 20/21 tax return for which there will be a separate box on the tax return to include...

    Jan 20, 2021
  6. UK Contractor Accountant replied to the thread SEISS grant and tax return.

    whole lot goes on 19/20 TR if received before your accounts year end date ending in the year to 5 April 20. HMRC has confirmed to the...

    Jan 20, 2021