July 3, 2024
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File your tax return early…
With the July 2024 payment on account approaching, it may be possible to reduce the amount of this payment.
Completing the tax return before that date means the figure can be accurately quantified. Even if it cannot be filed due to some “loose ends”, the amount can also be “estimated”, although care is needed.
Accounts to 31 March/5 April 2024 or any accounting dates before that form part of the calculation. If we have not had your records yet, or we still have many queries to be resolved, it could be advantageous to start collating these as soon as practicable too.
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