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How Can Smart Payment Timing Reduce My Tax Bill Before the Year Ends?

How Can Smart Payment Timing Reduce My Tax Bill Before the Year Ends?

by Gareth Thomas | Apr 10, 2025 | Accounting, Business, Finance, Taxes

With 6 April 2025 fast approaching, now is the perfect time for sole traders and unincorporated businesses to think strategically about the timing of income and expenses. From 6 April 2024, the cash basis is now the default for accounts preparation, meaning: Income is...

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