Year Support Contracts - Automation to update end date

We use the following formula to populate the end date of a one year contract. Namely if it starts the 1st Oct 2022 the contract expires on the 30th Sept 2023. This formula works for every other day in the month except when the renewal falls on the 1st ?

=IFERROR(DATE(YEAR([Support Contract Start Date]@row) + 1, MONTH([Support Contract Start Date]@row), DAY([Support Contract Start Date]@row) - 1), "Not on Support")

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