I am in the process of compiling micro entity accounts for my company. I have £285 of professional subscriptions to enter as a company expense. Should this be recorded within section CP21 (legal and professional charges), as part of “Directors, Employee and Subcontractor costs”?. Alternatively should this be recorded within the “General Administration expenses” section. Any advice would be gratefully received please. Thank you.
While we can give advice on QuickFile, I would recommend you consult your accountant on questions such as this for professional advice (we are not accountants nor bookkeepers).
It’s really up to you and depends on what type of subscriptions it is.
Many thanks for your advice