We recommend gettingadvice from an accountantif you have any questions about standard and transitional profit, especially if your business started in the two years before 5th April 2024, if your business has made a loss, or if your business was carrying any overlap relief. What about 2024/25 ...
the date for notifying HMRC of becoming chargeable to income tax, and secondly the potential penalty for late notification. Notice of chargeability must be made by 5 October following the end of the tax year, which is six months from the end of the tax...