Corporation tax enquiries

Below is the current ranking of the more popular areas that the Taxman asks about in relation to companies (with previous rankings in brackets):

1 Associated companies (5)
2 Capital allowances (-)
3 Provisions (4)
4 Debtor/creditors (6)
5 Accruals (3)
6 Legal and professional (2)
7 Repairs (1)
8 Entertaining (8)
9 Stock (7)
10 Research and development (-)

Hence, it will pay to ensure there are no skeletons in any of these cupboards!