Custom tax year start date

This guide has been reviewed against our global client base and classed as relevant to all regions

Two configuration options are available which allow a different standard tax year start date to be set and/or a different landlord tax year start date to be set. These can be used together in the situation where your standard tax year start date is different and where the landlord tax year start date is different to the standard.

The standard tax year start date is used in all accounts processes, whereas the landlord tax year start date covers landlord-specific tax reporting.

To enable this configuration option, click here to contact Reapit Support 

 

When set-up, this can be seen when running various reports, for example when running Tax Reports:

  • Right-clicking over Annual Tax Report (NRLY) gives options for which report to run

    In this example, a custom tax year start date has been set up (as 11/06 (dd/mm))