The Conservative Government now has a healthy majority which will allow it to change the tax law as it wishes, with little effective opposition.

The tax and economic changes were announced on the 11 March 2020 as part of the Budget.

The end of the accounting period for your business is a key point for tax planning. You can save or delay tax by moving income and expenditure between accounting periods.

Look out for the action points within the article to ensure you are making the most tax efficient decisions.

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As always, if you wish to discuss any of the items within the article further, or simply for a sane voice to talk through growing your business to the next level, feel free to call us.