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Be tax efficient when deciding a year end date.
One of the things to consider when starting a business in the Belfast area is choosing the best date for your year end. Quarter 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 Belfast area and would like help with choosing your year end, contact Quarter.
Our friendly team will provide proactive and innovative advice when you need it most.
From business to personal tax, we offer a range of services to help reduce your tax liability.
Access a wealth of business and tax guides, along with handy calculators and downloadable forms.
Contact us to discover how we can help you, your business and your family.
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Why not get in touch with Quarter Chartered Accountants today for more information.
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