Corporation tax repayment

Posted by Jasper21 PM | on Wed, 28/12/2011 - 10:52 2017 5 comments | report

I have made a loss in the year of £9000 and therefore have a corporation tax credit of £1910 that can be carried forward. How do I report this in my accounts? Am I correct to show a credit posting of £1910 in my P&L after PBT? If so, what is the corresponding balance sheet posting?

Many thanks

Comments

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No!

WhichTyler | Wed, 28/12/2011 - 12:49

Bit more

neileg | Wed, 28/12/2011 - 13:45

It goes in LT Debtors

Chris Smail | Wed, 28/12/2011 - 18:12

If you had carried the

practiceperson | Wed, 28/12/2011 - 19:07

deferred tax on losses

The Black Knight | Fri, 30/12/2011 - 12:28