Cooperatives Preparing Quarterly and Half-yearly Accounts
HMRC will, under certain conditions, allow cooperatives that prepare quarterly and half-yearly accounts to merge a number of periods of account for tax purposes so that they have only accounting date each year.
Read more about this topic: Accounting Period (UK Taxation)
Famous quotes containing the words preparing and/or accounts:
“Most men would feel shame if caught preparing with their own hands precisely such a dinner, whether of animal or vegetable food, as is every day prepared for them by others. Yet till this is otherwise we are not civilized, and, if gentlemen and ladies, are not true men and women. This certainly suggests what change is to be made.”
—Henry David Thoreau (1817–1862)
“Friendship is friendship, but accounts must be kept.”
—Chinese proverb.