Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Changing accounting period (sole trader)

shelleymshelleym Just JoinedRegistered Posts: 31
I have a client with a year end of the 30th of May so for the tax year ending 5/4/16 his accounts end 30/5/15. I would like to change his accounting period to ending 31/3 to bring him in line with the tax year which would give him a 22 month accounting period from 1/6/14 to 31/3/16 and i would like to know if this would be allowed as i have read that you are not allowed a period of more than 18 months? Any advise on this would be greatly appreciated.

Best Answer

Sign In or Register to comment.