What help can your business get facing the Coronavirus (COVID-19)
See the latest on the Coronavirus in relation to our business operations
Under current rules, businesses draw up annual accounts to the same date each year. The profit/loss for the tax year is usually the profit/loss for the year to the accounting date – called the basis period. Tax is paid on profits earned in the basis period ending in the tax year in question. However,…
Read More »
Many taxpayers who are required to file a self-assessment tax return to HM Revenue & Customs should now be preparing for their next tax payment which is due by 31 July. The amount payable is the second payment-on-account for the 2020/21 tax year and is automatically calculated as half of the total tax liability for…
© 2021 Copyright Whiting & Partners.
website design by Fine Design Ltd.