I raised the following with Taxfiler:
"I noticed that if, for example, a figure in the TB which would normally be a liability is in fact an asset in a given period, Taxfiler still groups it in the SFP as a liability. That reduces overall liabilities, rather than – per FRS102 (in the general sense) – showing a larger liability and the asset separately.
Take the “Corporation Tax Liability” as an example. This can sometimes need to be a “Corporation Tax Asset”, but there is no TB line under assets for that."
Their suggestion is to raise the point as a suggested improvement (for the development team), and in the meantime use "Other Debtors" instead.
What are AW members' thoughts on this?