So you’ve done the hard work, you’ve submitted your self-assessment tax return and saved up the tax, but it’s left you broke and everyone around you is booking holidays. Don’t despair, there may still be a way to reduce your tax bill.
Your January bill is made up of any balance from the previous year plus a payment on account towards 2012-2013, so a quick estimate of the current year’s profits could save you money and reduce your January payment.
How you spend it is up to you!
Interested? If so contact us without delay and we can help you draw together a profit estimate for the current year and if appropriate reduce your tax bill.
We did this recently for a client and saved her £1,800 off her January bill.