Just wanted to confirm something as my mind has gone a bit blank (the heat is not helping!)
Sole trader client with a normal year end of 30 June.
Accounts have already been prepared to 30 June 2018 but the 2018-19 tax return has not been submitted yet.
Client now told me he ceased trading 31 March 2019.
Can I just continue with the 30 June 2018 accounts, ie tagging on all the remaining transactions up to 31 March 2019 (in effect producing one set of accounts covering 21 months) and enter it onto one set of Self Employment pages on the 2018-19 tax return?
Or do I have to show two self employment pages on the 2018-19 tax return, one to 30 June 2018 and the other 1 July 18 - 31 March 19?
He has a considerable amount of overlap relief to utilise, I guess the end result would be the same but it was just to check if it can all be lumped together into one period of accounts or is there a reason it would have to be split it on the tax return.