Accounting period: Difference between revisions
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imported>Doug Williamson m (Spacing.) |
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. | 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. | This period cannot exceed 12 months. | ||
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* [[Period of account]] | * [[Period of account]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
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'.
