Change of ARD

Change of ARD

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New client, incorporated 15/06/2009.  A small limited company, 2 directors both with full time roles.  I'm thinking it is better for them to change their ARD to 31/03?  Do you concur?

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By occca
13th Apr 2010 17:02

Why?

What reason do you have for wanting to change it?

I would have thought from a tax planning perspective it might be beneficial to have it on a different year end to the personal tax year

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By iknell
13th Apr 2010 22:27

I wouldn't

By changing the ARD to 31st March you restrict yourself with tax planning.  If the ARD was 31st March then I would generally consider changing the ARD otherwise I would say you should have a very good reason to change it.

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By User deleted
14th Apr 2010 11:28

ARD

What are the tax planning issues available for small companies such as this?

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