“Only put off until tomorrow what you are willing to die having left undone.” Pablo Picasso
14 April 2023
The new rules dictate that, from 2024/25, all unincorporated businesses will be taxed on the profits generated between the start and end of the tax year, from 6 April to 5 April. This will apply regardless of the year-end that the business prepares its accounts to, meaning that you may need to apportion the taxable
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
I have been spending a lot of time with my laptop recently. Well, you see, as I broke my wrist in February, there isn’t a whole lot I can do around the house. Mind you it does get me out of washing up. I can still cook but peeling onions is still beyond me. And