Companies House Accounts - P & L

Discussion in 'Accounts & Finance' started by Josianne, Sep 16, 2018 at 3:13 PM.

  1. Josianne

    Josianne UKBF Newcomer Free Member

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    I'm doing the return to Companies House (first time) using the gov.uk CH & HMRC joint filing. I have a micro-entity ltd company. It is very micro, just me.

    On the P&L account to CH - do I include directors' remuneration (£4000) as an expense? I know I have to include it in the HMRC detailed P&L account, but I have to submit this first.
     
    Posted: Sep 16, 2018 at 3:13 PM By: Josianne Member since: Sep 16, 2018
    #1
  2. Scalloway

    Scalloway UKBF Legend Free Member

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    You have to include all your expenses on the Companies House submission, even those that you need to add back to get the taxable profit. HMRC expect to able to reconcile the Companies House submission to the tax submission.
     
    Posted: Sep 16, 2018 at 8:00 PM By: Scalloway Member since: Jun 6, 2010
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  3. Josianne

    Josianne UKBF Newcomer Free Member

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    Thank you. I thought that was the case but my partner disagreed with me, so he is happy now you have confirmed.
     
    Posted: Sep 17, 2018 at 6:41 PM By: Josianne Member since: Sep 16, 2018
    #3