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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 current year’s tax bill and/or 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.
18 Mar 2024
The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that new guidance from HMRC on research and development (R&D) tax relief guidance 'could be clearer'.
15 Mar 2024
HMRC is urging working parents to make use of its Tax-Free Childcare (TFC) scheme to help save on Easter childcare costs.
14 Mar 2024
New measures aim to 'break the spell' of financial fraudsters by giving payment providers more time, according to draft legislation published by the government.
Get in touch with Branston Adams to arrange your free consultation.