Hello,
I have a little newbie question, but I am not sure with answer. I am preparing dividend paper work for my UK company, and I have to write there Company´s year end date. I checked my document from HRMC - corporation tax and I have two dates there:
First accouting period end date 31 January 2015 1 February 2015
Date by which company needs to
Pay its corporation tax 1 November 2015 2 November 2015
Deliver its company tax return 1 Februar 2016 1 Februar 2016
And now I dont know if Company´s year end date is 31 January 2015 of 1 February 2015. (so what date write down on paperwork)
Can someone please help me?
Thank you very much
Replies (4)
Please login or register to join the discussion.
You are looking in the wrong place completely. The company's year end is set by Companies House not HMRC. Put your HMRC paperwork on one side and look at the paperwork you have received from Companies House. If that doesn't answer your question, look up your company's page on the Companies House website and that will tell you when the "accounting reference date" (as it is called) is.
Eh?
Why do you think that it is necessary to put the company's year-end date on dividend paperwork? You should specify the date the dividend is declared/paid, having established that the company has sufficient accumulated profits on that date, after allowing for corporation tax payable, to cover the dividend. The company's year-end is not relevant.
Incidentally, I am puzzled by the CT accounting periods stated on the HMRC letter. CTAPs cannot exceed 12 months, even if the statutory accounts are being prepared for a longer period. The only explanation I can see is that you have extended the company's accounting date at Companies House of 31 January by just one day to 1 February, which would be a very odd thing to do.
Scenario
Yes, I was myself trying to envisage what scenario would have led to these dates, short of the OP having done something really weird.