Bad Debts

keeping an eye on debtors and unbilled work is very important to your cash flow. To claim bad debts money must be outstanding for 6 month or longer from a client before it can be deducted as an expense. Should you receive the money after you have claimed it as a bad debt expense then the money needs to be declared as income again. We will need to discuss with you exactly what needs to be identified and the basis of valuation.

Our locationsWhere to find us?
London: Kemp House, 160 City Road, EC1V 2NX
Cambridge: Allia Future Business Centre, King Hedges Road, CB4 2HY
Manchester: First Floor, Swan Buildings, Swan Street, M4 5JW
Get in touchSmart Social links
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