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By timing payments or receipts carefully around the year end, companies can save money. Grace Frank 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 tax bill and 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 Grace Frank.
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21 Jun 2021
The first supplementary delayed declarations on imports of non-controlled goods from the EU are due from 25 June 2021, HMRC has reminded businesses.