The Charity Commission has published guidance on the circumstances and procedures for charities wishing to change their financial year, which vary according to whether or not the charity is incorporated as a company.

In either case, it is not possible to change a charity’s financial year or period if the latest annual return and accounts (if required) are overdue.

It is only possible to change the dates for the current financial year, and a change can be made only once every three years.

As with all of our tax tips and web pages this information is necessarily summarised and of a general nature.  If you would like detailed specific advice please contact us.