Readers' Forum - First accounts

First accounts

My client formed his limited company on 4 May 2018 and we prepared the first accounts covering the period 4 May 2018 to 31 October 2019 having given the necessary notification of this to Companies House.

In fact the company did not start trading until the day after its formation in other words on 5 May 2018.

I understand the need to file more than one corporation tax return in respect of the period – in particular CTA 2009 s 9 states that a company’s accounting begins on the date the company comes within the charge to corporation tax and s 10 determines the date on which an accounting period ends. However what I am not so sure about is whether I need to file a return...