I've read the revenue guides for income tax returns for sole traders and I just can't make sense of the timing and the periods of time for which I need to make a return.
Assuming the following, could someone please tell me what I should do regarding my tax return.
- Business started March 2007.
- Business year = March to Feb.
- No income tax paid to date.
For what preiod(s) of time do I need to make a return and what are the deadlines (some may be past, obviously). I'm having difficulty understanding how I reconcile the calendar year with our accounting year.
Many thanks
Assuming the following, could someone please tell me what I should do regarding my tax return.
- Business started March 2007.
- Business year = March to Feb.
- No income tax paid to date.
For what preiod(s) of time do I need to make a return and what are the deadlines (some may be past, obviously). I'm having difficulty understanding how I reconcile the calendar year with our accounting year.
Many thanks