I'm resending it just in case. What is the proper ...
# general
l
I'm resending it just in case. What is the proper way of setting up the tax periods? Our accounting year starts in April. Most of our UK subsidiaries quarterly VAT returns cover the period Feb to Apr, May to Jul, Aug to Oct and Nov to Jan. Right now, our tax periods are based on calendar months or start in Jan. Should we have separate tax calendars for different tax calendar scenarios? Would there be an issue if we were filing VAT for Nov to Jan but are tax calendars are based on calendar quarters (Jan to Mar, etc.)?