Accounts and CT return query on gov.uk - other income and pension contribution

[Bumbling Amateur]

I'm filing my accounts and CT return on the gov.uk website and struggling with a couple of issues with the accounts. Obviously I've prepared my accounts and should be just transferring the information to the website but there are couple of things I don't understand.

Let's say my turnover from sales was 100k plus I have income of £1k from flat rate VAT profit, my expenses were £25k and my company contribution to pensions was £10k.

First of all there is a box AC405 in the Profit and Loss accounts preparation section called 'Other income'. I thought maybe I would put my VAT flat rate profit in that box but when I do so it is excluded from the total turnover figures used to calculate profit. So I guess that I should just include it in my normal trade turnover. In which case what is 'Other income' and why isn't it taxed?

Secondly I've entered my pension contribution on another screen along with all my other expenses but this £10k does not appear in the profit and loss section. Why is that? Pensions are an allowable expense I thought.

 

[WaveJumper]

Not an accountant so can not answer your specific questions, however what I would say is you would defiantly save yourself not only a lot of grief but I am almost sure some money by employing an accountant.

 

[Bumbling Amateur]

Not an accountant so can not answer your specific questions, however what I would say is you would defiantly save yourself not only a lot of grief but I am almost sure some money by employing an accountant.

where's the fun in that?

 

[Scalloway]

It's several years since I used the HMRC form but what I would suggest is working right through to the end to see if those items are added later on.