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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.
24 Jan 2020
HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year.
16 Dec 2019
Analysing the rise in popularity of online accounting.