prorate the turnover in the subsidiaries?

Small company with subsidiaries acquired in the year, how do you prorate thresholds

Didn't find your answer?

Hi,

I have a LTD company that acquired 2 subsidiaries in q3 of the financial year. The parent on it's own would be a small company and i could use section 1A.

However if i had in the subsidiaries turnover for the year the group would be medium.

The question is do i prorate the turnover in the subsidiaries or do i prorate the £10.2m threshold?

 

Replies (1)

Please login or register to join the discussion.

avatar
By Mr_awol
23rd Feb 2017 15:25

No

Thanks (0)