P12 Trade creditors

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Did you have any trade creditors?

You need to know

This is the total amount owed by the business at the end of the year for goods and services received during the income year - that is, current trade and other creditors.

Completing this item

Step 1   Work out the total amount owing to trade and other creditors. If you have more than one business, add up all trade and other creditor amounts.

Step 2   Write the total at F item P12 on page 4 of your schedule. Do not show cents.