CIRD12020 - Core computational rules: accounting: allocation of amounts to periods of account
No special rules
The core computation rules described in CTA09/PART8 Chapters 2 to 5 allocate amounts to 鈥榩eriods of account鈥�. This expression is not defined in Part 8 and therefore attracts the general definition in CTA10/S1119, simply the period for which a company draws up its accounts.
Nor are there special rules in Part 8 for the adjustments necessary where a company鈥檚 period of account is not the same as its 鈥榓ccounting period鈥� for corporation tax purposes (for example where the period of account in longer than twelve months). The general approach described in CTM01405 applies instead.