Best accounts year end date for tax

hushbaby Registered Posts: 21 New contributor 🐸
Hi everyone

I'm a full member though I did my tax exams a while back. I've just set up my website selling organic baby clothes & accessories online. I intend to do the company accounts myself.

Just wondering, because I incorporated my company in mid December 2007 what would be the best year end date to make my tax calculation as simple as possible?

Also please advice on how tax is assessed in the first year or 2 of trading.

Any advice will be greatly apreciated.
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