Bookkeeping, accounts and tax return
When you own a business, your responsible for managing the financial situation of the business. We offer guidance on bookkeeping, how to prepare your accounts and how to report your result. The guidance is aimed at people who own a sole proprietorship of a PMV.
What to do and when to do it
Manage your business financial situation by recording income and expenses during the financial year. At the end of the year, you do your tax accounts and then you report the result to us in your tax return.
What to do when:
- Bookkeeping during the financial year: 1 January to 31 December
- Tax accounts for the financial year: 1 January to 1 July the following year
- Report your profit/loss from your tax accounts: Mid-March (when the tax assessments becomes available) to 1 July