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Post Info TOPIC: Changing the date of my financial year
Suzie


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Changing the date of my financial year
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Hello

Ive registered my very small business as from Dec 1st 2010 but I would like my financial/Trading year to start  from April 6th in line with the tax year to make my year end accounts easier. Is it possible to do this, or do I have to stick with Dec to Nov 30th ?

Many thanks


-- Edited by Suzie on Tuesday 8th of February 2011 08:00:53 PM

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gbm


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Hi Suzie,

Your first accounts can go from 1.12.10 - 5.4.11. Is it software that is constraining you?

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HendyPhilhendy


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Other question is have you registered it as a sole trader or limited company? Even then you can shorten/ extend the year end.

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Suzie


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Hi
Thank you for your reply

No its not the software , I just thought it would be less complicated

Suzie





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Suzie


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Hi

Thank you for your reply

Im a sole trader

Suzie


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gbm


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In that case, I agree with you, it would be less complicated. Would suggest your first period is up to 5.4.11 (or 31 March 2011 if that's easier).

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Nick

Website: www.gbmaccounts.co.uk
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Factsheet | Starting a Business

 
Suzie


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Many thanks Nick I'll do that

Suzie

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