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    Tax return following a delayed start to business

    You formed a company in March with the intention of beginning trade immediately. However, this was delayed because of coronavirus. Do you need to notify HMRC and what effect will the delay have...

    Corporation tax - General principles - Liability to tax - Accounting periods - 1150

    Tax is charged for an accounting period, although the rates and thresholds are set for financial years. In the normal course of events, a company's accounting period will be the same as the 12...

    Can you delay tax by changing your accounting date?

    A business associate recently told you that his accountant changed his financial account period in order to delay tax liability. Is this something worth considering for your company?

    Quarterly reporting debated

    Quarterly reporting debated..Burden. In January 2016 ( yr.2, iss.9, pg.1, see Follow up ) we reported on a proposal to introduce measures forcing self-employed individuals and landlords to report their...

    Choosing a tax-efficient accounting date

    Your company got off to a slow start, but with the end of its first year in sight it’s doing well. Should you prepare accounts for the period specified by Companies House or can you change...