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Rounding the Minutes

We are required to fill in an Excel sheet at work detailing time worked on specific projects. This is audited for tax benefits. Our sheet does not allow for entering the exact minutes and so I have a dilemma of how to record my times. If I round up, then I am causing the company to receive tax benefits which it is not entitled to. If I round down then I am causing the company to lose. Please advise.

Answer:

I imagine that if asked, the tax authority will give you an answer on this.

Without a clear instruction, it seems rational to round up minutes past half-an-hour, and round down minutes that come to less than half-an-hour.

Best wishes.

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