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  • FIRST POST
    • katy123
    • By katy123 13th Oct 18, 9:51 AM
    • 275Posts
    • 7Thanks
    katy123
    Extending 1st Accounting Period
    • #1
    • 13th Oct 18, 9:51 AM
    Extending 1st Accounting Period 13th Oct 18 at 9:51 AM
    We want to synchronise the corporation tax and accounting period. We incorporated 23/04/18 and the default accounting end date is 30/04/19. Am I right in saying that we should amend via webfiling/AA01 and change the accounting reference date to 22/10/19 which is the maximum 18 month period? We are due to start trading on 22/10/18 which coincidentally is exactly 6 months from the date we incorporated.

    or perhaps the end date should be 30/09/19? I've noticed that most accounting ref date is month end.
Page 1
    • katy123
    • By katy123 13th Oct 18, 8:04 PM
    • 275 Posts
    • 7 Thanks
    katy123
    • #2
    • 13th Oct 18, 8:04 PM
    • #2
    • 13th Oct 18, 8:04 PM
    not yet, why?
    • Maz4501
    • By Maz4501 8th Nov 18, 6:26 PM
    • 64 Posts
    • 210 Thanks
    Maz4501
    • #3
    • 8th Nov 18, 6:26 PM
    • #3
    • 8th Nov 18, 6:26 PM
    You can not extend the first accounting period with companies house. As for the corporation tax period, HMRC breaks this into two separate CT600 filings for the first year. In your case that would be 23/04/2019 (365days) and 30/04/2019 (7days).

    The filing software takes into account difference in periods automatically, nothing to worry about.

    Let me know if you have any further questions, I do this almost every day.
    • Pennywise
    • By Pennywise 8th Nov 18, 6:44 PM
    • 11,372 Posts
    • 21,730 Thanks
    Pennywise
    • #4
    • 8th Nov 18, 6:44 PM
    • #4
    • 8th Nov 18, 6:44 PM
    You can not extend the first accounting period with companies house.
    Originally posted by Maz4501
    Yes you can.
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