I got a call today from a potential client who is a part time tax driver who is self employed. He said he received a letter from Housing Benefit Office requesting Schedule D and Profit and Loss for the financial year
Is this request common that they need the full accounts and presumably what they mean by schedule D the authorities need a tax return too.
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Seems to be becoming common
I've just done one. The client has for year simply filled in a form but this year it was rejected and they asked for accounts and a copy of his tax return.
You're lucky
that they're willing to accept annual accounts. Some HB offices require monthly. And don't forget that their definition of "income" can be completely different from ours.