This year I need to manage with Entertainment cost which is non taxable expense.
What I have done I post amount of 7000 to U.K. Entertainment.
Then Final figures shows loss in the amount of 960.
Obviously, I need to make adjustment in the CT600 by add back amount of 7000.
Adjusted figures shows profit and tax in the amount of 1148.
So Profit and Loss Statement shows Loss of 960 and Corp Tax of 1148.
It looks very unusual to me.
Are you able to advise me if I should do any additional posting ?
Hi @crra47
You may wish to raise this with your own accountant as we’re not able to assist with individual accounting queries as such.
If you don’t have an accountant, we do have a panel of accountants who may be able to assist - please let me know if you would like details on how to contact them.