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By timing payments or receipts carefully around the year end, companies can save money. Gooch & Co can advise you….
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 would like help with timing payments and receipts to reduce the tax bill and save money, contact Gooch & Co.
28 Feb 2024
HMRC has revealed that March is the most popular month for Marriage Allowance applications, with almost 70,000 couples applying in the third month of 2023.