Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Lost receipts

DawnyDawny Settling In NicelyMAAT, AAT Licensed Accountant Posts: 60
Director of a company has claimed back expenses for business costs paid by himself but has lost the receipts to back up the claim.

Whats the best way to do deal with this? Should I post the credit to the directors loan (which is currently owed to the director) or write the expenses off and dissallow for corporation tax purposes.



  • zephyrzephyr Settling In Nicely Registered Posts: 20
    I think it depends on the amount involved.

    I would be tempted to write the amounts off, if there are no receipts.
Sign In or Register to comment.