I'm doing my personal tax return at tax.service.gov.uk for my Limited company and it may be sound very simple question, but it's confusing for me.
Given the following Profit and loss table for tax year 2014/2015:
And assuming my tax year is from 2014.05.01-2015.04.31, does the above table is the breakdown:
- per whole calendar year (2014.01.01-2014.12.31 & 2015.01.01-2015.12.31),
- per calendar year within the current tax year (2014.05.01-2014.12.31 & 2015.01.01-2015.04.31),
- or basically 2014 means the previous tax period (2013.05.01-2014.04.31), and 2015 means the current tax period (2014.05.01-2015.04.31)