You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
020 8422 6500 / 020 8429 1380
Be tax efficient when deciding a year end date.
One of the things to consider when starting a business in the Harrow area is choosing the best date for your year end. David Simon Ltd 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 Harrow area and would like help with choosing your year end, contact David Simon Ltd.