Help with overlap of profits

sunshine0127

Please help!!!!!!!

I am having real problems with the above, no matter how many times i read the chapter on Taxing Unicorporated Businesses it is not sinking in.

Can anyone give me some tips on the 1st,2nd & 3rd tax year on the start of trading.

Thanks in advance

burg

Overlap profits can take a lot of explaining.

Maybe a good idea maybe to post on here your understanding or an aspect of it that you struggle to grasp.

Myself or someone else can then try to help.

sunshine0127

Overlap of profits

I am struggling with finding the basis period in the first three years of a new business.

Thanks