Accounting period: Difference between revisions
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imported>Charles Cresswell No edit summary |
imported>Doug Williamson m (Spacing.) |
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2. A period upon which UK corporation tax is assessed and charged on profits arising in the period. | 2. A period upon which UK corporation tax is assessed and charged on profits arising in the period. | ||
This period cannot exceed 12 months. | This period cannot exceed 12 months. | ||
Also known as the 'period of account'. | Also known as the 'period of account'. | ||
Revision as of 14:29, 27 July 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'.
