Exemption certificate expires July 05.
Accounts for 3 years to 28 Feb 03 satisfy the turnover test, mainly by reason of results for the year to Feb 01.
If we wait until after Feb 05 before applying for renewal it will not be possible to identify a 3 year period out of the 4 years up to date of application that would satisfy the turnover test.
Can we apply now (ie prior to expiry of Feb 05, whilst Feb 01 accounts continue to fall within the 4 years up to date of application) for a renewal of the certificate (that does not expire until July 05)?
Thanks
Clint Westwood