- This topic has 1 reply, 2 voices, and was last updated 15 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › ACCA Forums › ACCA TX Taxation Forums › Basis periods – Please provide an example
Hi,
need some consultation on basis periods.
Here is the example: commencement of business 01.08.2008 & preparation of accounts on 30.06:
Am I right (especially regarding TY3):
Tax year No 1: 01.08.2008 – 05.04.2009
Tax year No 2: 01.08.2008 – 30.06.2009
Tax year No 3: 30.06.2008 – 30.06.2009
Can you please give me example than the second year is exceeding 12m.
Thanks a lot.
I think:
Tax year 08/09= 01/08/08-05/04/09
Tax year 09/10= 01/08/08-31/07/09
Tax year 10/11= 01/07/09-30/06/10
