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Official guidance
Company Taxation Manual

CTM01400 · Corporation Tax: accounting periods

  • CTM01405 · Apportionment
  • CTM01410 · Commencement
  • CTM01420 · Commencement - special cases
  • CTM01500 · End of
  • CTM01510 · Cannot exceed 12 months
  • CTM01515 · Companies in administration
  • CTM01520 · Company winding-up
  • CTM01530 · Two or more trades
  • CTM01550 · Insufficient information to determine
  • CTM01560 · Accounts made up to slightly varying dates
  1. Corporation Tax: accounting periods: contents
  2. Corporation Tax: accounting periods: cannot exceed 12 months

CTM01510 | Corporation Tax: accounting periods: cannot exceed 12 months

From HM Revenue & Customs · Company Taxation Manual

No accounting period can be longer than twelve months but it may be shorter. For example a company may make up a six month account. There are special rules for certain retail co-operative societies, and the guidance for them is at CTM40555. If a company makes up an account for longer than twelve months, the first twelve months will normally be an accounting period.

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