You may make a claim to reduce your payments on account of tax if you expect your business profits for the current tax year will be less than the year ended 5 April 2009.
This will reduce the amount to be paid to HMRC on account of your 209/10 tax bill and could help your January cash flow.
The claim can be included in your 2009 tax return or you can elect using HMRC form SA303. Please just give us a call if you need our assistance on 0115 956 5171 or visit www.marshallsmalley.com
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