Different considerations may apply from accounting and tax perspectives, and those aspects should be taken into account too.
What you can’t do Clearly, you can’t backdate a document so that is appears to have been signed on, say, 31 December, when in fact it was signed on 15 June.
• there were changes to Small Business Rate Relief in 2014 for those who are occupying a second property on or after 14 February 2014.
In previous years, if you took on a second property with a rateable value of more than ,499, you would no longer qualify for Small Business Rate Relief.
If someone presents you with a spreadsheet of the last month's stock prices and asks you to pick the date on which you want to pretend that you granted, or were granted, several million options, might that not at least spur further inquiry?
Documenting what happened in the past What you can do is document a transaction which has actually happened in the past which had not been formalised.Gregory Reyes, Brocade's CEO from 1998 to 2005, was also ordered to pay a million fine. Reyes broke down crying while speaking to the judge before his sentence was handed down.He was released on his own recognizance until a federal appellate court can hear the case.Sometimes a group of companies which has reorganised itself will want to backdate some of those changes, perhaps to backdate an intra-group transfer of business so that it coincides with the previous year end.Here are some guidelines as to what may be possible from a legal perspective.