Accounting period
| Field | Description |
|---|---|
| Start of accounting period | The start date for when accounts are being entered |
| End of accounting period | The end date for when accounts are being entered |
| Permanent change of accounting date? |
Select to indicate there has been a change of accounting date for tax purposes This field has been removed for the 2024 tax year onwards. |
| Accounting date changed more than once? | Select this if the accounting date has changed more than once in the last six years |
| Do special arrangements apply? (Foster carers, averaging etc.) | Select to indicate if any special arrangements apply to this self-employment |
| Profit details provided on last year's tax return? | Select if accounts were provided in last year's tax return. If so, then only the total profits and basis period need to be entered for this year. |
Special arrangements
Special arrangements may apply to:
- Foster carers and shared lives carers — Refer to HMRC helpsheet 236
- Farmers and market gardeners, and creators of literary or artistic works who are claiming averaging — Refer to HMRC helpsheet 224 , helpsheet 232 and helpsheet 234
- Barristers (or advocates in Scotland) who commenced before the tax year and calculate profits using the alternative basis — There is information for this in the guidance notes issued by the Bar Council of England and Wales, the Faculty of Advocates and the Northern Ireland Bar Library
- Trades and professions wholly carried on abroad — If the remittance basis applies to the whole trade (and the Residence, remittance basis, and so on pages have been completed), then only taxable profits and basis periods need to be entered