Accounts on bring year end for LLP slightly forward

[gpietersz]

If I change the year end of an LLP to bring it in line with the tax year ahead of basis period reform, am I right in thinking I need to file two returns, one for the year to the previous year end, the other from 6th April to 5th April for the following year.(with an overlap starting from the start of the year to the end of the previous).

 

[PCD]

There will be two sets of accounts to submit to Companies House but there will be only one Tax Return. The Tax Return for a partnership (including LLP) is for the year ended 5th April. It reports the accounts for the accounting period ending in the year. With an extension of the year two sets of trading pages might need to be included but if the total period is under 18 months it should be possible to combine the two sets of figure into a single set.

 

[gpietersz]

It is more than 18 months, so a single return and two sets of trading pages? Is there an online service that would let me do that - I used Selftax in previous years and that does not seem to allow that.

 

[PCD]

Yes two sets of trading pages. Not sure about DIY software options for the Returns but they will no doubt be available. Just reread the question and although it is not now relevant as you say the period is over 18 months long, if it was under 18 months you could have also filed a single set of account to Companies House. Also worth noting that it might be easier to use 31st March rather than 5th April as a year end.