{"id":548,"date":"2019-09-10T00:00:00","date_gmt":"2019-09-09T23:00:00","guid":{"rendered":"http:\/\/duffyregan.co.uk\/index.php\/2019\/09\/10\/do-you-have-a-december-year-end\/"},"modified":"2019-09-10T00:00:00","modified_gmt":"2019-09-09T23:00:00","slug":"do-you-have-a-december-year-end","status":"publish","type":"post","link":"http:\/\/duffyregan.co.uk\/index.php\/2019\/09\/10\/do-you-have-a-december-year-end\/","title":{"rendered":"Do you have a December year end?"},"content":{"rendered":"<p>December is probably the second most popular trading year end for businesses; the most popular being the 31 March.<\/p>\n<p>Your end of year planning should include a review of your results &ndash; prior to your year end &ndash; so that there is an opportunity to make any advantageous changes. From our perspective, there is nothing quite so depressing as being made aware of these &ldquo;opportunities&rdquo; after the year end date has passed and when there is no way to incorporate possible tax saving strategies.<\/p>\n<p>For traders with a December year end, a good time to do this is from October 2019, when the results for the nine months to 30 September are available.<\/p>\n<p>Apart from your management accounts we could also discuss the following matters and if any investment be considered before or after your year end:<\/p>\n<ul>\n<li>Are you contemplating the purchase of new equipment or vehicles?<\/li>\n<li>Are you considering significant repairs or improvements to plant or buildings?<\/li>\n<li>Could you write off or consider a sale of redundant stock?<\/li>\n<li>We could estimate your business taxes based on trading for the current year and plan for savings to fund the future payment.<\/li>\n<li>If you have made trading losses are there opportunities to set off these losses against past profits and recover tax to aid cash flow?<\/li>\n<\/ul>\n<p>With all the uncertainties that the exit form the EU has caused in the past two years there has never been a more opportune time to invest in planning. Business fitness could be the key issue for 2020 and beyond.<\/p>\n<p>Accordingly, if we have not already organised a review, and your trading year end is imminent, please call so that we can discuss your options.<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>December is probably the second most popular trading year end for businesses; the most popular being the 31 March. Your end of year planning should include a review of your results &ndash; prior to your year end &ndash; so that there is an opportunity to make any advantageous changes. From our perspective, there is nothing [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-548","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=548"}],"version-history":[{"count":0,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/548\/revisions"}],"wp:attachment":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=548"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}