General Bad Debt Provision

Our auditors want details of "any general bad debt provision".  Can anybody please tell me, what exactly is a "general bad debt provision"?  How does one calculate one and what tax effect will one have?

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The reason

thisistibi |
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That doesn't seem very fair

Hugh Jego |

Yes

thisistibi |
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Why's it a strange question?

Hugh Jego |

Yes

thisistibi |
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Thank you

Hugh Jego |

Not really

thisistibi |
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S.55 CTA 2009

George Attazder |
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Thank you both, but

Hugh Jego |

General v specific

andy.partridge |
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Andy

Hugh Jego |

In fact

thisistibi |
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Thank you

Hugh Jego |

Hugh

Roland195 |

Quote

thisistibi |
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Also from HMRC manual

Peter Cane |

Thank you all

Hugh Jego |

General v Specific

stevie |
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