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One of the things to consider when starting a business in the Chatham area is choosing the best date for your year end. Total Accounting Kent 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 Chatham area and would like help with choosing your year end, contact Total Accounting Kent.
Why not leave the payroll to us? We are equiped to help with your payroll needs.
If you wish to talk to Total Accounting Kent Ltd over the phone, request a call back using our helpful form below.