Last updated Aug 07, 2024 and written by Tom Richardson

February Company Formations: Leap Year Accounting Reference Date

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If your company is formed this February the accounting reference date will be 28/02. It will remain as 28/02 until the next leap year (which is 2016) when it will move to 29/02. It will then revert to 28/02 until the next leap year. If a company’s initial accounting reference date is 29/02 (this would be the case if it were formed just before a leap year), this would move to 28/02 in every year that isn’t a leap year.