I purchased an annual train ticket a little while ago, as I was working in London & was planning to do so for the foreseeable future. Crazily, I then changed jobs a month later & got a refund back on the ticket (around £4500).
I did put the purchase of the ticket through my Ltd accounts, but have not got round to putting the refund back into my company accounts (ahem)
I'm now in the process of closing my Ltd & wondering if i's such a good idea to keep the cash & whether to put it back through the books. One concern is that it will get noticed by hector & I'll then get done for BIK (especially as I'm now in the high rate tax band).
Opinions please, oh wise ones
I did put the purchase of the ticket through my Ltd accounts, but have not got round to putting the refund back into my company accounts (ahem)
I'm now in the process of closing my Ltd & wondering if i's such a good idea to keep the cash & whether to put it back through the books. One concern is that it will get noticed by hector & I'll then get done for BIK (especially as I'm now in the high rate tax band).
Opinions please, oh wise ones
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