Basis Period Changes

Basis Period Changes

Return your records to us as soon as possible

Following the changes to the Basis Period Reform that we covered in our Spring newsletter, we would like to remind clients to submit your accounts and personal tax records to us as soon as you are able – sooner, rather than later!

We are anticipating additional workloads this year due to the Basis Period Reform changes that are now coming in to effect and with clients moving to a 31 March or 5 April year-end.

We continue to review HMRC’s guidance around the reforms and changes and will provide updates with proactive, and hopefully easy to understand advice where required.

In the meantime, if you would like to discuss or clarify any issues relating to Basis Period Reform, please do not hesitate to get in touch.