If you are a sole trader the first tax year is always made up to December in the first year. So you will be required to submit a tax return for first five months.
actually can i also ask a quesiton then about the Back to Work Scheme, where you are exempt from tax for firls 2 years of trade?
Would that mean 5mts of 2014,all 2015 and 7 months of 2016 are tax free, or just 2014 an 2015?