Tax paid as expense?

UK Discussion in 'Individuals' started by Lost, Jun 27, 2018.

  1. Lost

    Lost

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    Hello.

    I am self employed and had to pay some tax for the tax year 2016-2017. When I will be preparing my accounts for 2017-2018 can I put tax paid as expense so my income for 2017-2018 will be reduced by the tax I paid for 2016-2017?
    Thank you
     
    Lost, Jun 27, 2018
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  2. Lost

    Becky Administrator

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    Nope.
     
    Becky, Jun 28, 2018
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  3. Lost

    Lost

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    Thank you

    Unfortunately I thought so.
     
    Lost, Jun 28, 2018
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