Our Financial year ended 31st October 2024. We made a pension payment to an Employees pension on 1st November 2024. I want to allocate this as an expense for the previous financial year to reduce Corporation Tax liability for 2023/2024.
How do I do it? I know that has something to do with journals, but I am not exactly sure how. Any advice would be greatly appreciated!
Hello @Samwelly
Please be aware that the support team are not registered accountants and as such would not be able to answer your query. I would reccomend consulting your accountant for the relevant journals to post.
I will leave this thread open for now as there are some accountant on the forum who may comment.
This topic was automatically closed 14 days after the last reply. New replies are no longer allowed.