You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Register for our Newsletter
Call 020 7794 5757 - Email info@numerallp.com
Be tax efficient when deciding a year end date.
One of the things to consider when starting a business in the London area is choosing the best date for your year end. Numera can advise you on this.
It is important to choose the right year end for your business.
To what extent is your business seasonal? Is there a time of year when it will be more convenient to close off your accounting records, ready for us, your accountants?
From a tax viewpoint, the choice of a year end early in the tax year for an unincorporated business often means that an increase in profits is more slowly reflected in an increased tax bill.
If you are a start-up business in the London area and would like help with choosing your year end, contact Numera.
04 Oct 2024
The Bank of England has suggested that it could cut interest rates more quickly.
Why not register to receive our Monthly Newswire?
Once a month we'll send you an email packed full of essential business news and handy tax tips to help save you money.
Sign-up today