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By timing payments or receipts carefully around the year end, companies can save money. Branston Adams can advise companies in the Surrey 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 Surrey area and would like help with timing payments and receipts to reduce the tax bill and save money, contact Branston Adams.
03 Aug 2020
Changes to state aid rules mean that more small businesses can benefit from the government's Coronavirus Business Interruption Loan Scheme (CBILS).
HMRC has published details on its refund scheme for taxpayers who made voluntary payments of income tax or national insurance prior to a change in the rules regarding the loan charge.
31 Jul 2020
Retail sales were broadly flat in the year to July despite three months of sharp declines, according to the monthly Distributive Trades Survey published by the Confederation of British Industry (CBI).
Get in touch with Branston Adams to arrange your free consultation.