You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Hitchin: +44 (0)1462 620 100 | Kensington: +44 (0)20 7937 3309 Contact us
Be tax efficient when deciding a year end date.
One of the things to consider when starting a business in the Hitchin area is choosing the best date for your year end. Chancellers 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 Hitchin area and would like help with choosing your year end, contact Chancellers.
Do you have any questions for us?
Simply get in touch and the relevant team member will get back to you asap.
20 Oct 2021
Homeowners in England and Wales will be offered subsidies of £5,000 from next April to help them to replace old gas boilers with low carbon heat pumps.
19 Oct 2021
A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA).