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Question from newby -
08-03-2008, 02:19 PM
Background to question:
I started trading on 1st July 2006 (Sole Trader) I completed my tax self assessment for 1st July 2006 to 1st April 2007 (9 months) The question: What are my next set of accounting dates if I want to keep to my 1st July dates. I keep coming across the term “overlap” and reading up on it but I am still confused by the dates. I made a small loss for my first period of 9 months and would expect my first 12 months to also make a loss. Regards to all 
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(#2)
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Re: Question from newby -
10-03-2008, 12:13 PM
As a soletrader you will have to operate on the UK tax year for individuals.
David Toohey The Accountants Circle Accountant & Bookkeeper Forums | Find Me an Accountant
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