ljl
welfare benefits caseworker, CAB, South Holland, Lincs
Member since 07th Apr 2006
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PC self employed with bad debts
Wed 30-Apr-08 08:33 AM |
Hi my client has closed his business, his income is well above the rates for PC however he had bad debts which have been written off as having no chance of being recouped. However, when he claimed PC he was told bad debts can't be added to expenses side of calc and thus his income is too high.
Is this right?
Also if the income from the year 2006-7 is deemed as above, does it carry on to the year 2007-8 etc.
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