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The Book-keepers Forum -> Book-keeping Training, Qualifications and Professional Bodies -> Bad Debts-help needed
Post Info TOPIC: Bad Debts-help needed
ghis


Senior Member

Status: Offline
Posts: 250
Date:
Bad Debts-help needed
 

Hi 

Help needed.

I cant divulge to much info

But how can you write off bad debts when there are no figures produced to write off the debt ???????

is that an error



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Ghames
Blackmoreaccounts


Veteran Member

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Posts: 42
Date:
 

What do you mean by 'no figures produced'?



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Hal


Veteran Member

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Posts: 60
Date:
 

Do you mean that you don't have details of what these bad debts are?

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Hal
RobRJBS


Senior Member

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Posts: 113
Date:
 

As long as they are specific debts, more than 6 months old and you have reason to think they are bad or doubtful you can write them off, claim tax relief and recover any VAT paid.



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Rob Director R & J Business Solutions (www.rjbusinesssolutions.co.uk) @RobRJBS
ghis


Senior Member

Status: Offline
Posts: 250
Date:
 

Thanks guys i've worked out the problem, me panicking and not looking properly

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Ghames
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