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Do’s and don’ts of timing payments and receipts for tax purposes.
By timing payments or receipts carefully around the year end, companies can save money. Prentis & Co can advise companies in the Cambridge area…
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 a company in the Cambridge area and would like help with timing payments and receipts to reduce the tax bill and save money, contact Prentis & Co.