Tax & filings

VAT without the last-minute rush

When the books are up to date every day, the VAT return is ready as soon as the period ends. Bear files it by the due date and tells you in good time how much there will be to pay. You see the return before it goes.

Financial statements and the tax return

Financial statements are prepared within four months of the end of the financial year, and a limited company’s tax return is due in the same time. Bear prepares both. Because entries are made all year, the financial statements are never a last-minute scramble.

Sources: Accounting Act, chapter 3, section 6, Finnish Tax Administration: Tax return of a limited company

Ask before you decide

Can I deduct this? How much tax is coming? Ask in a message, and you get an answer that an experienced accountant has checked.