Accounting date
Accounts drawn up to 31 March
Accounts drawn up to 5 April
Basis period
Exceptions
Change of
Commercial reasons for
Conditions for basis period to end
Deduction for overlap profit
Later tax year
Third tax year
When change occurs
Year after an ineffective change
Choice of
Companies
First accounting date shortly before end of tax year
Late accounting date rules
Meaning
Middle date treated as accounting date
More than one
More than one accounting date
No accounting date on tax year
Slight variations in
Tax year in which there is no accounting date