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One of the things to consider when starting a business in the Colne area is choosing the best date for your year end. HBB 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 Colne area and would like help with choosing your year end, contact HBB.
26 Jul 2024
The Federation of Small Businesses (FSB) has outlined five 'key priorities' for removing barriers to exporting for small and medium-sized enterprises (SMEs).
24 Jul 2024
A review of the announcements.
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