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Be tax efficient when deciding a year end date.
One of the things to consider when starting a business in the Huddersfield area is choosing the best date for your year end. Sheards 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 Huddersfield area and would like help with choosing your year end, contact Sheards.
25 Apr 2019
The Scottish government has further delayed its plans to replace Air Passenger Duty (APD) with its own Air Departure Tax (ADT).
If you wish to talk to Sheards over the phone, request a call back using the form below.