UK How to account for SMP on company tax return


Joined
Mar 12, 2022
Messages
1
Reaction score
0
Country
United Kingdom
Hi I need some help in relation of Statutory Maternity pay.
I am a director of a very small company and was on a maternity leave for 9 month. I have got SMP paid but am now not sure how to account for it in the company accounts. According to HMRC information as a company I can recover the payment of the NIC contributions if below certain amount, which they are as I have no deduction. I have submitted my self assessment showing the amount I have received as a maternity pay from the government but am not sure how to account this on my company accounts as my company wasn’t active for the period of my maternity.
Can someone please provide some guidance.
Thanks!
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

SMP and redundancy 1

Top