I've just taken a new client, who three years ago, re-mortgaged his house to buy his business. The previous accountant has never claimed for the interest on the business element of the mortgage. Can I claim for all his interest payments over the last three years in his current accounts. If so, do I need to include an explanatory note in his SATR.
Also, the goodwill for the business has never been included in his previous accounts. Do I just include this in his current accounts?