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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 Ampthill area is choosing the best date for your year end. GKP 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 Ampthill area and would like help with choosing your year end, contact GKP.
17 Oct 2019
HMRC intends to give importers up to six months to submit customs declarations and pay import duties in the event of a no-deal Brexit on 31 October.
24 Sep 2019
Highlighting some key steps to take in order to combat business crime.