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Two partnership basis periods in SA100?

I have a client who left a partnership on 30.09.2016 - the partnership itself is not my client.  The partnership year ends on 30.04.2016.  For my client's SA100 do I enter two basis periods in 2016/17 and claim overlap relief at the end of the second period?  I was advised (elsewhere) that I should include the basis year 01.05.2015 - 30.04.2016 in the 2016/17 SA100, and then the basis period 01.05.2016 - 30.09.2016 in the 2017/18 SA100 but this does not seem right to me.


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09th Nov 2017 14:12

ITTOIA 2005 s202

Thanks (1)
By bajones
09th Nov 2017 14:14

It's one basis period. Read the notes:

"Your basis period begins on the day after your
basis period for the 2015 to 2016 tax year ended
(or the date you started in business in the 2016
to 2017 tax year), and ends on the day your
business ended."

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By MJShone
10th Nov 2017 08:50

You are right. The advice you were given was wrong. As bajones says, what goes on the 16/17 return is the year to 30 April 2016 plus the period from 1 May 2016 to 30 September 2016 less the overlap. The period 1 May to 30 September 2016 will probably be estimated, so don't forget to submit an amended return when the partnership figures for the year to 30 April 2017 are ready.

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