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Ammending submitted accounts to show profit??

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    #31
    According to the link below someone has reversed a dividend after consulting with HMRC, even fater ou have submitted your accounts it might be possible,

    Can you reverse a dividend? | AccountingWEB

    Talk to your accountant.

    He should be able to help you, probably depends on HMRC's willingness to accept it.
    Last edited by BlasterBates; 24 February 2015, 11:52.
    I'm alright Jack

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      #32
      Originally posted by BlasterBates View Post
      According to the link below someone has reversed a dividend after consulting with HMRC. If you haven't submitted your accounts I would have thought it would be possible,
      Did you even read the thread title (let alone the threads first post)?

      This isn't general so sadly I cannot comment further....
      merely at clientco for the entertainment

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        #33
        Originally posted by eek View Post
        Did you even read the thread title (let alone the threads first post)?

        This isn't general so sadly I cannot comment further....
        If you read the link you would see the subject is about reversing dividends after submitting accounts, and one answer was that they had experienced it and HMRC approved it.

        So corrected my answer....

        Whether that means it affects the P&L of the year he wants it changed is another matter.
        I'm alright Jack

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