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0207 632 0300 as@elliottsshah.co.uk
Be tax efficient when deciding a year end date.
One of the things to consider when starting a business in the London area is choosing the best date for your year end. Elliotts Shah 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 London area and would like help with choosing your year end, contact Elliotts Shah.
24 Jul 2025
The British Chambers of Commerce (BCC) has called on the government to harness retail investor optimism to help grow the UK economy.
23 Jul 2025
The government recently published draft legislation for Finance Bill 2025-26 for consultation.
22 Jul 2025
The Department for Work and Pensions (DWP) has warned that pensioners retiring in 2050 are set to be worse off than those retiring today.