I am just in the process of filing my last business years accounts for Income Tax return. Just want to confirm that I am ok with paying the Accoutnant to do this. Is this deemed a preferential payment. Since I have to continue to file accoutns etc I can't see any way around it. I am aware the Inland Revenue can do this but I want to continue with my curent accountant as he has all my records etc.
Hi Darren - am afraid i don't know the answer to your question but at least I have bumped you back up to the top! I wonder if its classed as a business expense rather than a debt???