Thank you to everyone for joining our regular monthly Finance Focus, always a good opportunity to catch-up and share what is going on and get some input from our experts.
This month we heard from:
Trevor Charsley, Senior Market Advisor for AFEX and Paul Szymanski, Business Development Manager
To contact Trevor: tcharsley@afex.com
To contact Paul: pszymanski@afex.com
Richard Neale, Director, OPS-BOX
To contact Richard: richard@ops-boxgroup.com
Chris Mould & Nick Latimer – Partners at Crowe Accountants
To contact Nick or Chris:
Check out the recording of the session here:
Download Trevor’s Slides:
AfexCircle2Success 09 16 2021 FINAL
Download Nick’s slides: Slides for finance focus Sept 2021
Nick also touched on the government’s announcement on a consultation on the detail of a proposal to change the basis period year rules for the self-employed (including partnerships and LLPs).
The proposal is that the assessable profits will be those arising in the tax year, rather than the current rule which is to tax the profits of the accounting year that ends in the tax year.
This will affect all firms that do not have a 31 March/5 April year end and it is proposed that 2022/23 will be the transitional year.
Read more: Tax rules on partner profits set to change | Crowe UK
