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By timing payments or receipts carefully around the year end, companies can save money. Connected Accounting can advise you….
The timing of certain payments and receipts of income is crucial for tax purposes. By moving a date of payment or receipt by just a few days either side of the company’s year end, you can reduce the tax bill and defer payment until the next tax year.
If you are would like help with timing payments and receipts to reduce the tax bill and save money, contact Connected Accounting.
20 Sep 2019
Prioritising HMRC over other creditors in insolvencies will have a 'negative impact on the UK's economic growth', experts have warned Chancellor Sajid Javid.
27 Aug 2019
Analysing HMRC's controversial Loan Charge and its impacts.