03/02/2025
We’ve had calendar new year and Chinese new year but now it’s accountants new year!!!!!
January is over and everyone is up to date BUT there really isn’t much time until the end of the tax year when it all starts again.
For those of you that wait until near the deadline to get your accounts and tax return done wouldn’t you like to know earlier how much tax you have to pay or if you are due a refund get that sooner.
But that’s not all. The sooner or more regularly you have your accounts done the easier it is to make informed decisions.
Finally even if neither of these are on your radar they are on HMRC’s. A new mandatory system is due to come in next year for some sole traders and landlords which requires quarterly reporting even if you are not VAT registered.
A few things to there to consider, help your accountant to help and if you don’t feel they do help you find someone who will 😉
