[shammy davis jnr]

on my accounts i just right off debt of people i dont clean no more our who have not payed on time 
how many are you allowed  to right off  for tax reasons
is there a capped amount  ie 16 % our some thing  but i know you are allowed releif on bad debt  any boffins out there  can help and i dont mean every one on here lol
 
im sure this would aid other people if some one knows the exact figures 
yours shammy

[shammy davis jnr]

what do u guys do??
do u do the same

[visiontechnician]

I write off maybe 5-10 jobs a year.

Most only owe £7 or £8

[williamx]

On your tax return in box number 3.41 is where you put your bad debts figure, there is no limit on this figure.

[AuRavelling79]

Surely you would count it in both plus and minus columns or neither?

[williamx]

Every time you clean a customers property, you class the charge as payment, even if you have not been paid, so at the end of the tax year you add this figure up and you put this down in box 3.29.  This is you income for the year, even though you have not been paid for all of it.

If you look down on your tax return you will see a list of different expenses, on the left hand coloum is what you have paid out and on the right is what has come back into the business.

In box number 3.41 you put the figure for what you have not been paid, to the right is box number 3.59 this is for any bad debts from the previous tax year that you have been paid for this year.