I am trying minimise our corporation tax liability. We will see a fall in turnover and profit during the next six months, can I extend the company year from 31st January to 31st July?
I think an accountant is likely to be better placed to answer this than us.
You can contact a panel of accountants through QuickFile if you wish (please let me know if you want details on this), or you may find it better to post it somewhere like Business Forums (Accounts Section).
Sorry we can’t help on this occasion.
Hi Phil, would you mind explaining your thinking behind extending the company’s year end?