Choosing a year end

Be tax efficient when deciding a year end date.

One of the things to consider when starting a business in the Bristol area is choosing the best date for your year end. Tony Dicker 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 Bristol area and would like help with choosing your year end, contact Tony Dicker.

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Tony Dicker & Co is the practice name of TONY DICKER LTD incorporated in England & Wales

Registered number: 06123822 | Registered office: 29 Courtenay Road Keynsham Bristol BS31 1JU | Director: A R Dicker FCA | Company secretary: J M Dicker