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Do’s and don’ts of timing payments and receipts for tax purposes.
By timing payments or receipts carefully around the year end, companies can save money. Ashworth Treasure can advise companies in the Lancashire area…
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 a company in the Lancashire area and would like help with timing payments and receipts to reduce the tax bill and save money, contact Ashworth Treasure.
14 Apr 2021
HMRC has confirmed it will be contacting potential claimants for the fourth Self-employment Income Support Scheme (SEISS) grant this month.
13 Apr 2021
The UK economy returned to modest growth in February despite the country being under lockdown but remains sharply below its pre-pandemic peak, according to the Office for National Statistics (ONS).