This webinar from the Tax Faculty will get you equipped to report results from the transitional year 2023/24.
In this webinar we will be looking at some of the issues members have been encountering in preparing 2023/24 self assessment returns for clients affected by basis period reform. In particular, we will cover:
- How to complete the tax return supplementary pages for the transitional year.
- The impact of changing the accounting year end date in that year.
- The impact of (and ability to) prepare a set of accounts for a period longer than 18 months.
- How to obtain overlap relief details from HMRC.
- Impact of basis period reform on averaging elections.
