The accounting year end of your company is usually different to the personal tax year.
The personal tax year is 6th April to 5th April. The personal tax year is relevant to your personal tax only, not the companies corporation tax. Your personal tax is affected by the Salary and Dividends you take out of your company.
With regards to the companies corporation tax - Companies House gives your company an ‘accounting reference date’ - this is when they expect your company’s year end to be and by default it will be 12 months on from the end of the month in which you registered your company.
So if you registered your company on 10th May 2023, the first year end date will be 31st May 2024 and every 31st May thereafter. It is this period that is relevant for corporation tax.
You can actually change the accounting reference date but there are certain stipulations so please discuss that with us as sometimes this can be beneficial but other times not.
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