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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31300
Experience:  Over 5 years in practice
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Hi there,I am preparing a set of LTd company accounts, they

Customer Question

Hi there,
I am preparing a set of LTd company accounts, they are a new client.
Previously they had accrued income of £4,500 ..this didn't exist and was a made to fit sum.
There is only a Director on the payroll...is it possible to have accrued salaies for his wife and pay her in this years payroll as RTI prevents me altering last years payroll for her?
Many thanks,
Lesley.
Submitted: 2 years ago.
Category: Law
Expert:  taxadvisor.uk replied 2 years ago.

Hello and welcome to the site. Thank you for your question.

Please clarify for me.... you say there is a provision for accrued income in previous years account..

can you give the circumstances surrounding it?
accrued income means increase in profits..

You can't pay against last year's payroll if it was not accrued at year end.

Many thanks