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Do I complete 2 Corp Tax Returns

If a company was incorporated on the 18/10/17 year end date 30/10/18 do I complete two tax returns

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If a Company was incorporated on the 18/10/17 with a year end date of 31/10/18 do I need to complete two tax returns one to 31/10/17 and another to 31/10/18?

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By Duggimon
02nd Jul 2019 12:35

At least two returns are needed. The dates will depend on when the company started trading. Unless they started trading on 1/11/17 the dates will be different to those you give.

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By Wanderer
02nd Jul 2019 12:39

Quote:

At least two returns are needed.

Not necessarily.
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By Duggimon
02nd Jul 2019 12:45

That's fair, though I always file the non trading period just to keep HMRC's systems updated.

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By atleastisoundknowledgable...
03rd Jul 2019 06:48

Quote:

That's fair, though I always file the non trading period just to keep HMRC's systems updated.

Me 2. 375 days, then a handful of days. Takes about 5 minutes extra, possible saves more than that in grief down the line.

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By daniel_
02nd Jul 2019 13:02

The first return is always 365 days. The second accounting period is the short one, so ending 17/10/2018 and 31/10/2018.

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By Wanderer
02nd Jul 2019 13:17

Not necessarily.

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By SXGuy
02nd Jul 2019 13:08

Im gonna take a massive guess and say, you probably arnt using tax software either, nor know about XiRBL accounts, so I reckon, your gonna have a bigger question coming soon!

My answer, get an accountant.

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By jcace
03rd Jul 2019 01:27
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