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Year-End Checklist

Organise your records, ensuring all income and expenses are accurately recorded.  Whether that is in your accounting system such as Xero or a spreadsheet.

Review your expenses, making sure you haven’t missed anything such as home office, mileage or training costs.

Prepare for tax deadlines:

  • Self-assessment – 31st January & 31st July
  • Corporation tax – 9 months after your year-end

If you have scope prior to your year-end to purchase any assets for the business or to make a pension contribution.

Have you set aside enough money to pay your taxes?  It’s a great idea to have a tax savings account.

Are there any tax credits or reliefs available? E.g. R&D tax credits, business rates relief.

Some services we can help you with planning

IFS Review

Monthly or Quarerly Review
£ 25
00
monthly from
  • Review business performance
  • Estimate taxes due
  • Visual dashboard
  • Call to discuss
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