Accounting period: Difference between revisions
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imported>Mprice (switched order of two points & deleted link to chargeable accounting period) |
imported>Charles Cresswell No edit summary |
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* [[Long term contracts]] | * [[Long term contracts]] | ||
* [[Period of account]] | * [[Period of account]] | ||
[[Category:Accounting_and_Reporting]] | |||
[[Category:Regulation_and_Law]] | |||
[[Category:Taxation]] | |||
Revision as of 16:35, 18 June 2013
1. The period for which any set of accounts is prepared.
2. A period upon which UK corporation tax is assessed and charged on profits arising in the period. This period cannot exceed 12 months.
Also known as the 'period of account'.
