Id does however say that " Before you make a claim, you must decide if the impact on your business between 1 February 2021 and 30 April 2021 will cause a significant reduction in your trading profits for the tax year you report them in " which I read as being that the impact of lost business in the qualifying period should cause the significant reduction over the whole basis period in order to claim , so neither can be looked at independently ?
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Covered by Elizabeth below
Worth checking whether change of accounting date without commercial reason or in effect, to avoid tax liability, constitutes a permitted change ?
Hello
Id does however say that " Before you make a claim, you must decide if the impact on your business between 1 February 2021 and 30 April 2021 will cause a significant reduction in your trading profits for the tax year you report them in " which I read as being that the impact of lost business in the qualifying period should cause the significant reduction over the whole basis period in order to claim , so neither can be looked at independently ?