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By timing payments or receipts carefully around the year end, companies can save money. T O’Sullivan & Co can advise companies in the Whitley Bay 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 tax bill and defer payment until the next tax year.
If you are a company in the Whitley Bay area and would like help with timing payments and receipts to reduce the tax bill and save money, contact T O’Sullivan & Co.
Our comprehensive accountancy and bookkeeping service will alleviate you of these mundane tasks.
Contact us today to discover how we can help you.