Error on previous company accounts

[Clare@InTouch]

Just adjust it in the current year. Unless you have a turnover of £100 then it's unlikely to be material in the grand scheme of things.

The VAT man will allow errors up to £10,000 to be corrected on future returns, so again just adjust on the next return if necessary.

Paragraph 4.2: HM Revenue & Customs

[MarillionFan]

I have discovered a small error on my previous company account of around £30. Is it important to correct this with HMRC as it is a small amount? If so, is this likely to trigger them to have a closer look at my company?

£30 !!! I wish I could get that accurate.

[TykeMerc]

I wouldn't fret at a £30 error, if memory serves HMRC VAT don't care much about ~£1k errors (possibly more) and say to correct them on the next return. On an annual return for a defunct company I doubt they would give 2 hoots unless there's something vastly more significant.

[northernladuk]

I have discovered a small error on my previous company account of around £30. Is it important to correct this with HMRC as it is a small amount? If so, is this likely to trigger them to have a closer look at my company?

£30 error in paperwork or £30 error in your pocket?

Either way personally I just wouldn't bother.

[the4thamigo_uk]

I have discovered a small error on my previous company account of around £30. Is it important to correct this with HMRC as it is a small amount? If so, is this likely to trigger them to have a closer look at my company?