News.....
End of Tax Year 23/24
The End of the Tax Year is now upon us.
On 31st March & 5th April the Tax Year ends retrospectively for Limited Companies & Sole Traders, this means, for most, the commencement can begin on the preparation of Annual Accounts & Tax Returns.
Basis Period Reform
For this year, 23/24, there is the introduction of Basis Period Reform, this will effect Sole Traders & Partnerships where their Year End does not align with the Tax Year.
The objective is for all Year Ends to be aligned with the Tax Year End.
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