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S419 Tax

Is S419 C/tax on Loans to Directos (Participators), potentially recoverable, provided for in the financial statements? 

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Yes

Include it in debtors and creditors.

SA

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S419 Tax

Are you suggesting that I DB Other Debtors and CR Other Creditors with the S419 Tax and avoid the Taxation accounts?

A reply will be appreciated.

Many thanks

Christos K

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Suggest

Debit debtors repayable after more than one year.

With kind regards

Clint Westwood

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Corporation tax recoverable and corporation tax payable

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