UKI Compliance Ideas Portal

Please can you add an account for ''management expenses'' in the cloud version final accounts?

Legislation (CTA09 s1223,p2b) allows for qualifying charitable donations by UK investment / property companies to be carried forward as per management expenses rule. Allocating these amounts to the QCD account will waste these donations if the company is loss making. While other management expenses may be grouped or added to other accounts, such as administration, it does not seem logical to allocate donations to these categories.

  • Chaim Weberman
  • May 15 2025
  • One For The Future