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Stopping Phoenix Trading but got stock left

(1 Post)
inchoccyheaven Fri 04-Jan-13 18:16:45

I was supposed to renew my Phoenix Trading membership in June 2012 but decided not to as I was concentrating on other work and not having the time to do Phoenix properly.

However I am now stuck as to what I will put on my tax return as I have stock leftover that I bought with the intention of doing fetes and parties etc. What do I do with this?

On previous tax returns I have simply put income as sales and expenses as invoices and postage etc.

Thanks for any advice.

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