Btx - chargable accounting period question!!

TyJac

Hi guys,

I'm due to sit my personal taxation and business taxation on both on the same day 1/08; ptx in the morning and btx in the afternoon. I'm quite sure I'll pass personal taxation easily, and business taxation too.

However, at times I'm confused with the whole chargeable account periods, financial years and the accounting periods when put into context.

Can someone please break it down into an understandable way please.