Choosing a date for your accounting year end

custom-calendar-wedding-ring-bearer-pillow.full

Chartered certified accountant Raphael Coman of Coman & Co provides advice about choosing an accounting year-end date for your business

The choice of date for your accounting year-end is entirely up to you as a business owner, but there are many factors to consider.

The date you choose will affect when you pay tax on your profits. While aligning your accounting date with the tax year may be the simplest option, there are implications for a growing business that you should consider.

    Continue reading
Advertisements