Self Employed full 04 - Date your books or accounts are made up to

Enter the date which your books or accounts are made up to.

The last day of your trading or business year will be the date you make your books up to, or your accounting date, that is, the end of your accounting period. You usually pay tax on the profits of the accounting period ending in the tax year covered by the tax return. The rules are different for the first 2 or 3 years of trading, dependent on when your first accounting period ended.

Help Sheet 222 - How to calculate your taxable profits explains this in detail.

If you've been working for yourself for less than 12 months you must choose an accounting date to go in this box. If you've a date later than 5 April 2021 and you've made up your first set of books, use those figures for these pages. HMRC will tax you on the part of your profit that falls into the tax year 6 April 2020 to 5 April 2021.

If you've stopped working for yourself, and the date in the business ceased date box on the Business details page is not the same as the date in this box, complete the self-employment section for the final period of trading.