AIA, Sole trader -Yr of cessation - would this work | AccountingWEB

AIA, Sole trader -Yr of cessation - would this work

Sole trader incorporated on 1 November 2011.

Plant and machinery bought in May 2011.

Normally accounts are to 31 March.

She would like to claim the AIA as a sole trader.  Could she have a shorter accounting period to, say 31 October, so she could claim the AIA, as a sole trader.

Then the final period would be 1 Nov 2011 - 31 March 2012.

Or would that not work, because there are two accounting dates between 6 April 2011 - 5 April 2012, so the basis period would remain as the 12 months to 31 March 2012??

(thanks for any help - have been going round in circles with this, so now can't see the obvious answer)


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Easiset option

Cloudcounter |


Viv100 |

On Dear

Paulsoper |

paul soper

david5541 |

post 6 April...

Viv100 |

Why, oh why ....


market value?

Paulsoper |



A dissenting view (I think!):

nogammonsinanundoubledgame |
nogammonsinanundoubledgame's picture

CAA 2001

Viv100 |

A thought

pauljohnston |


blok |
blok's picture