Choosing a year end

One of the things to consider when starting a business in the Enfield area is choosing the best date for your year end. Geo Little Sebire & 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 Enfield area and would like help with choosing your year end, contact Geo Little Sebire & Co.

Home | Attribution | Contact us | Site map | Accessibility | Disclaimer | Help |

© 2020 GLS. Accountants in Enfield. All rights reserved.

We use cookies on this website, you can find more information about cookies here.