Accounting period
Field | Description |
---|---|
Start of period | Start date of the accounting period. |
End of period | End date of the accounting period. |
Account details are not required | Select if true. |
Accounts do not cover period from last accounting date | Select if true. |
Change of accounting date |
Select if the accounting date has changed. For more information, refer to the HMRC guide. For tax years up to 2022/2023. |
Is the cash basis being used? – | Select if the accounting is done on a cash basis. You cannot claim capital allowances if you’re using cash basis. The only exception is cars. |
Do figures include VAT? | Select if the figures include VAT. This is typically for partnerships that are registered for VAT but are using the cash basis. |