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First CT1 Return

[Deleted User] · 2022-11-11 18:34:12

I am hoping to do this myself as the company hasn't turned over very much at all and made no profits so it should be relatively simple. My accounts are made up for a 15 months period and have been sent to the CRO as part of the B1 form. I had assumed my first CT1 return would be done at the end of the accounting period…

11-11-2022 6:34pm

#1

[Deleted User]
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I am hoping to do this myself as the company hasn't turned over very much at all and made no profits so it should be relatively simple.
My accounts are made up for a 15 months period and have been sent to the CRO as part of the B1 form. I had assumed my first CT1 return would be done at the end of the accounting period however, when I go onto ROS and enter in the start and end date of the accounting period it says it must only be 12 months.
Do I need to do two separate returns?

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Comments

#2 11-11-2022 7:03pm

ari101

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Yes, two returns with a max of 12 months in any one return. You can pro rata the result 12/15th and 3/15th and refer to the same set of accounts in the extract from accounts. Check what the default tax year end is and ask revenue to change your CT year to match whatever you have chosen as your accounting year (if necessary) so that it is set up correctly for future accounting years.

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