Lazy question, or maybe I'm seeking your agreement.
Company used to trade but that wound down in recent year. This is the first year that no income or cost of sale have been put through. The only transactions are £50 interest received on the 80K in the deposit account, £60 bank charges on the current account, companies house £13, and of course my fat fee making a loss. The director has another trading company and I don't think he's / the company has been active one iota on this company. Small stuff I know, but what do people think on taxing the £50 interest and disclaiming the losses as they're not real losses?
Thank you.