Self Employed short 06 - Accounting date changed

There is a change of accounting date if:

• you have drawn up your accounts to a date which is not the same as the date used for tax purposes last year
• you intend to draw up accounts for more than 12 months and no accounting date falls in the tax year 6 April 2020 to 5 April 2021
• you changed your accounting date last year, this was not accepted by HMRC, and you've drawn up your accounts to the same date this year. If you've changed back to your old date this is not treated as a change of accounting date

You will usually want your new accounting date to count for tax otherwise your basis period will not end on the same date as your accounts. If you intend this to be only a temporary change, you may wish to ignore it for tax purposes. You can then work out your tax using the same basis period as last year.

Select this box if you've changed your accounting date.