03/04/2024
As we approach the end of another tax year, are you aware that if you're a sole trader or partnership with an accounting date that falls between 6th April and 30th March, the way that HMRC will assess your profits has changed. This may affect your self-assessment return and the amount of profit you will be taxed on for the 2023/24 tax year.
If you think you would like some help completing this year's return drop me an email or give me a call.
You can read more about it here
How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023.
