Dividend % Change for Tax Year 2008/2009

[chris79]

I would also like to know the answer to the above question, whilst my accountant is preparing my year end I would like to know how this works.

My company year end is April 4th, my accountant says that on this basis the company year end becomes the last day of the month, so April 30th.

On this basis it must mean I am paying corporation tax on my profits at 20% for 11 months, and 21% for one month.

Is the calculation therefore as above, regardless of when income was received into the company?

Thanks.

[Hex]

I seem to remember my last one was pro-rata'd by the number of days rather than by the number of months, but in essence it was this calculation.

[Bumfluff]

It doesnt matter when received, take total profit for year and apportion. Include amounts invoiced for before end of year but not paid. Your calc is right principle but is done on days, not months (even changes in leap year) think there is a calculator on hmrc website somewhere.

Cheers Xoggoth this will defo save me some cash