Choosing a year end

One of the things to consider when starting a business in the Edinburgh area is choosing the best date for your year end. Facts & Figures can advise you on this.

It is important to choose the right year end for your business.

To what extent is your business seasonal? Is there a time of year when it will be more convenient to close off your accounting records, ready for us, your accountants?

From a tax viewpoint, the choice of a year end early in the tax year for an unincorporated business often means that an increase in profits is more slowly reflected in an increased tax bill.

If you are a start-up business in the Edinburgh area and would like help with choosing your year end, contact Facts & Figures.

Home | Contact us | Accessibility | Disclaimer | Help | Site map | © 2018 Facts & Figures. All rights reserved.

Registered in Scotland, No. SC149558, Registered office, 4-6 Polwarth Gardens, Edinburgh, EH11 1LW. Facts & Figures is the trading name of Facts and Figures (Scotland) Ltd. Regulated for a range of investment business activities by the Association of Chartered Certified Accountants

We use cookies on this website, you can find more information about cookies here.

Facts & Figures, 4-6 Polwarth Gardens, Edinburgh EH11 1LW
Facts & Figures, 46 Craighall Road, Edinburgh EH6 4RU
acca