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Do’s and don’ts of timing payments and receipts for tax purposes.
By timing payments or receipts carefully around the year end, companies can save money. Blue Spire can advise companies in the Brighton 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 Brighton area and would like help with timing payments and receipts to reduce the tax bill and save money, contact Blue Spire.
26 May 2023
The government's Tax-Free Childcare (TFC) initiative helped 649,935 families to save on their childcare costs during the 2022/23 tax year, HMRC has revealed.
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