December is the second most popular month for businesses to end their financial year, March being the most popular as it is in line with the tax year. That means that in January alongside completing December monthly accounts and October to December V…
Sole traders and partnerships who do not currently have a 31st March year end will see a change in their reporting period to meet HMRC new rules for reporting profits based on the tax year and not their accounting year.
March is the chosen financial year end for more than 60% of our bookkeeping clients, whether they are a sole trader or a limited company. So in April and May we are completing March and April bookkeeping for our bookkeeping clients, complet…