The Book-keepers Forum (BKF)

Post Info TOPIC: ***DO U HAVE TO INCLUDE ACCOUNT ADJUSTMENTS OR GOOD WILL GESTURES ON SELF ASSESSMENT?


Newbie

Status: Offline
Posts: 1
Date:
***DO U HAVE TO INCLUDE ACCOUNT ADJUSTMENTS OR GOOD WILL GESTURES ON SELF ASSESSMENT?


***DO U HAVE TO INCLUDE ACCOUNT ADJUSTMENTS OR GOOD WILL GESTURES ON SELF ASSESSMENT?
Hello
My bank paid me onto my account a few times money called account adjustment as a result of being nice to me after complaints, the other time other bank send me a cheque of good will to stay with them.
Now can someone explain me, if had the same situation or whats the 100% correct way to do, do I have to include acc adjustment and cheques from good will on my self assessment and pay tax on them? if yes, then what position an dhow to included?
it does not make any sense to me as it's a sort of recompensation or intensives, not earned interests, butI have found that apparently you need to include SOME account adjustment

would be grateful if someone explains me that if had similar experience thanks



__________________


Master Book-keeper

Status: Offline
Posts: 8290
Date:

Hi
This is a forum for bookkeepers and accountants to exchange information, not for members of the public.


If you wish to ensure that your self assessment is 100% correct I would recommend you employ the services of an Accountant.

__________________

Joanne

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Master Book-keeper

Status: Offline
Posts: 8290
Date:

Out of interest why the '***' approach? Why the capitalisation? Its a bit shouty for absolutely no reason.

__________________

Joanne

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Master Book-keeper

Status: Offline
Posts: 3258
Date:

Cheshire wrote:

Out of interest why the '***' approach? Why the capitalisation? Its a bit shouty for absolutely no reason.


It worked though didn't itbiggrinbiggrin

He may get the answer here

https://www.ukbusinessforums.co.uk/threads/do-u-have-to-include-account-adjustments-or-good-will-gestures-on-self-assessment.401590/

It's ******* shouty there as wellbiggrin



__________________

John

Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



Master Book-keeper

Status: Offline
Posts: 8290
Date:

Not really! Well not quite in the way she thought it would.

Bet there is a ton of stuff wrong with the SE anyway!

Blithering time wasters - on here as wellhttps://www.taxationweb.co.uk/forum/do-u-have-to-include-account-adjustments-or-good-will-gestures-on-self-assessment-t55972.html


I didnt know Scalloway was retired!



-- Edited by Cheshire on Tuesday 29th of October 2019 04:52:36 PM

__________________

Joanne

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Master Book-keeper

Status: Offline
Posts: 3258
Date:

Cheshire wrote:

I didnt know Scalloway was retired!


I think it's only in the last year or two. I only started noticing the retired bit a few months ago, when I returned to the forum after an absence of 2 years or so.



__________________

John

Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.

Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  

2007-2019 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: info@bookcert.co.uk.

Privacy & Cookie Policy  About