UK Tax Questions? Ask a UK Tax Advisor for answers ASAP
Thank you for your question.
Your understanding of where certain costs are reported is not quite correct.
I am happy to help you with completing your CT600 return but as additional service.
Please let me know if this is acceptable and I will then send you an offer.
Marcella, thank you for your reply.
I have helped many customers here with filing CT600 returns and returns to Companies House. You appear to be struggling with classification of expenses etc.
I am sending you my offer for additional service here.
Thank you for your reply.
My offer is based on helping others with similar problems when one question leads to another.
I am happy to opt out and let another expert here help you.
Hello Marcella, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
Completing this part of the on line reporting system is always a bit of a nightmare as the classification headings seem to have no correspondence with any accounting reality. I personally hate the CT600 on line as it takes at least half an hour to file when with the old paper based system you were pushed if it took five minutes!
What you have to do is sit down quietly and classify your overheads in the format which the CT600 defines. I know it is a pain, but necessary. Make sure that when you have finished that the two totals correspond as, if they do not lock up then the CT600 will never be accepted by the system. It's a job requiring the backs of lots of envelopes and a wet towel round your head to get the whole shooting match to balance. Exact reporting is not essential. For a small enterprise you could put the whole lot under Administrative Expenses.
I do hope my reply has shown you a way forward.