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Assurance Office, Swan House, 146 - 147 St Helens Road, Swansea SA1 4DE
Call us on: 01792 720170
One of the things to consider when starting a business in the Swansea area is choosing the best date for your year end. Assurance Accountancy 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 Swansea area and would like help with choosing your year end, contact Assurance Accountancy.
11 May 2021
Research carried out by manufacturers' organisation Make UK has revealed that a record level of Apprenticeship Levy funds expired in 2020 without being spent by businesses.