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One of the things to consider when starting a business in the London area is choosing the best date for your year end. Butler+Co 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 Butler+Co .
18 Sep 2019
Almost 10% of UK employees are not receiving payslips, while one in 20 are missing out on their legal holiday entitlement, according to think tank the Resolution Foundation.
27 Aug 2019
Analysing HMRC's controversial Loan Charge and its impacts.