I want to change my accounting date which is currently 30/4 to 05/04. However the info I have read states that the accounts cannot be longer than 18 months. I don't see how I can do this. I have my accounts to 30/04/02 prepared and my accounts to 30/04/03. To make the adjustment on this year's tax return it would appear I should submit accounts from 01/05/01 to 05/04/03. This would be approx 23 months. I also have overlap profit from my first year of £5k do I just deduct this from the profit of the 23 months (if I am allowed to submit 23 months). I would be grateful if someone could help me out.
Thanks
Jen
Jen
25th Dec 2005
2
Change of accounting date
Change of accounting date