Tax Advisors
You Should Consider Hiring Tax Advisors If you are planning to set up a new business or if you already have a running business, you will need to take care of paying your taxes in time. All companies and limited liability partnerships in the UK are required to submit their accounts to Companies House within ten months of the accounting reference date. Tax Advisors can assist in deciding the best accounting reference date. Tax Advisors can help choose an advantageous accounting reference date from the perspective of tax. If you have just set up your business, your first accounting period begins on the day of incorporation. The end of the accounting period is the last day of the month when the incorporation completes a year. This date or the end date of the accounting period is called the accounting reference date of the company. Should a business owner want, he or she can change the accounting reference date. However, there is a limit to how much the date can be