BUDGET FOR YOUR TAXES
One of the most important things a business can do is budget for their taxes. We’ve all gone through the pain of getting to the end of the quarter or year and simply not having money put aside to pay your taxes and the inevitable flow-on effect on your ability to pay staff or other bills.
We designed this spreadsheet for internal use (yes, accountants need to budget just like every other business), and now we are making it available to you for free!
Simply add your budgeted figures for the next year (and if you don’t know what they are, start with your previous year’s figures and adjust from there), and the spreadsheet will give you a total tax position and the amount you need to set aside every month or week to pay these.
HOW TO USE THE SPREADSHEET
We’ve made the spreadsheet easy to use, and also included instructions on the first tab of the spreadsheet as well as a video walkthrough (below).
If you have questions on the spreadsheet, please don’t hesitate to get in touch.
DOWNLOAD THE SPREADSHEET
To access the spreadsheet, simply click on the below button.