In the last financial year my company made a small profit, however, because of cash management, the sole director chose to not receive a paid salary and rather accrue until the financial position had improved. This value was deducted and reduced the firm's P&L and therefore reduced the corporation tax payment to HMRC. The payment to the director was not made within 9 months of the year end due to continued cash management issues and my understanding is this now becomes disallowable.
I have two questions from this:
1) Can I correct the corporation tax or this year's return or will I need to change the prior year?
2) Can I still continue to accrue salary in this financial year to reduce CT as the intention is to still pay (granted last year is now disallowable)?
Thanks in advance.