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Accrued expenditure
Many business clients like to review their tax position before the end of the income year and evaluate any strategies that may be available to legitimately reduce their tax.  Traditionally, year-end tax planning for profitable small businesses is based around accelerating deductions and deferring income.  Small Business Entities (‘SBEs’) – i.e., those with an aggregated…
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Many of our business clients like to review their tax position before the end of the income year and evaluate any strategies that may be available to legitimately reduce their tax.  Traditionally, year-end tax planning for small businesses is based around accelerating deductions and deferring income.  However, this year, consideration will also need to be…
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