OK...found what I was looking for. Make the value a disallowable item in the tax return, then claim. If the claim period straddles 1/4/2021 the value is shown in box 725 of the CT600. If the period starts on or after 1/4/2021 then the value is shown in box 726.
My clients know I have their interests at heart. If I can't give them accounts within a month, I keep them informed. They have always been obliging. If they are slow payers, they are lower priority. It's about people management mixed with wisdom.
I am in the Australian CPA, and a senior fellow of the Financial Services Institute of Australasia. I can help you with Australian tax Returns, and have a digital certificate for GST returns (Goods & Services Tax - equivalent to VAT). [email protected]
My answers
OK...found what I was looking for. Make the value a disallowable item in the tax return, then claim. If the claim period straddles 1/4/2021 the value is shown in box 725 of the CT600. If the period starts on or after 1/4/2021 then the value is shown in box 726.
Thanks for your interest.
Horses for courses
My clients know I have their interests at heart. If I can't give them accounts within a month, I keep them informed. They have always been obliging. If they are slow payers, they are lower priority. It's about people management mixed with wisdom.
Aussie Tax Returns, GST returns
I am in the Australian CPA, and a senior fellow of the Financial Services Institute of Australasia. I can help you with Australian tax Returns, and have a digital certificate for GST returns (Goods & Services Tax - equivalent to VAT). [email protected]