Can you change a company year end date?

There are many reasons why you might want to change a limited company year end and it is possible to do so whether: the trade is seasonal and you do not want year end in your busiest period to tie in to the tax year (although we would not necessarily recommend this)...

Understanding your limited company accounts

Clients are always telling me that they do not understand their accounts. Clearly they know their business, and how to price to make money so it is only a small step to actually understanding the end of year accounts: The very back page or two is the detailed profit...

Dates and deadlines for the new tax year

With the passing of the old tax year we are presented with returns to file and tax to pay.  Some memorable dates are listed below, with a few more interesting ones too: 19 April – PAYE must be paid for the period up to 5 April (usually just the March payroll) – and...

What year end should I have?

Whether you have just started up a business or have been going a number of years there are a few factors which will influence what year end you choose: Date registered at Companies House: The default date chosen is the end of the month one year from incorporation, so...