Despite my instructions, my accountant has not inputted as cost the salary I paid myself as Director for the FY ended in July 2013.
- Is there any way to "fix" this?
- Would the accountant be liable for the monetary damage caused?
Thanks in advance
Gilberto
Replies (6)
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mmmm
First we need to know the reasons. If the reason is that you had paid a salary above the Lower Earnings Limit but not submitted a P60 with this "salary" on it, then the accountant has treated the matter correctly in my view.
There may be other reasons why this has been omitted. However, any salary which has duly gone through payroll on a P60 should be in the accounts and there is time still to fix this by a corporation tax re-submission. Hence no monetary damage.
But how have the payments to you been treated in the accounts, if not as salary?
And, above all, what does your accountant say about the alleged mis-classification in the accounts?
Finally, focus on the accounts. Forget the CT return for now.. The accounts come first, then the CT return follows.
Repeat question
This appears a repeat of this question Back then it was suggested you ask your accountant the reason for not including it and report back if that didn't satisfy you. Did you do that? If so, what did they say? If not, then you are leaping straight to proposing legal action without even knowing if you have any sort of justification. If that is the case I think that they really should be looking for a new you.
reply deleted as quite possible not appropriate
I have now read OP's other questions and consider my original reply is not appropriate for this client. Hence deleted. my response would however relate to 90% of micro conpany clients.