The year-end accounts provide vital information about the health and performance of your business. For instance, what profit the business has made on the total turnover and how it compares versus the forecast or versus the previous year, and so on. Having year end accounts help drive business growth. You can choose a year end that suits your business. Year-end accounts form the basis for your tax return and hence it is advisable to have plenty of time between the year end date and the tax deadline. For owner-managed limited companies, the company accounts will detail the directors’ remuneration and the dividend payments that need to agree with the directors’ Self-assessment tax returns.