Schedule 22, paragraph 9(7)

In the first financial year of a business, the business is a micro-entity for the purposes of sub-paragraph (1) if (and for so long as) the person carrying on the business believes on reasonable grounds that the person will qualify as a micro-entity in accordance with section 384A of the Companies Act 2006 in relation to that financial year (or would do so if the person were a company).

← 6 · All articles · 8 →

Source: legislation.gov.uk · retrieved 2026-07-30