ACCOUNTING AND TAXES
| It is part of our services to provide substatial support if you prepare accounts with us. We offer all services necessary to fulfill your annual tax duties. |
Taxable profit
The business profits of an enterprise of the United Kingdom shall be taxable only there unless the enterprise carries on business in the other Contracting State of Double Taxation Treaty through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the business profits of the enterprise may be taxed in that other State but only so much of them as is attributable to that permanent establishment.
Tax year
The tax year is sometimes also called the Financial Year. The Financial Year, used mainly for corporation tax purposes can be chosen by each company, and typically runs from 1 April to 31 March.
