Making the most of tax planning opportunities
Tax and financial planning is an essential part of business management, and you should take action now to ensure that you are making the most of the tax-saving opportunities available to you before the year end.
Your income and personal wealth can be significantly reduced by regular income-related taxes and more 'periodic' taxes, such as capital gains and inheritance tax.
This guide suggests a range of strategies aimed at helping you reduce the tax burden and maximise your net income. However, there is no substitute for one-to-one advice, so do contact us for a solution that is tailored to your individual requirements.
Here are just some of the areas where we can help you:
- minimising your business taxes
- improving your financial position by accelerating expenditure into the current year, or deferring income into the next
- tax-efficient profit extraction
- strategies for reducing inheritance tax
- minimising the tax on the sale of your business
- creating a tax-efficient remuneration package
- reviewing your pension arrangements
- reducing national insurance costs
- tax-efficient estate planning
- reducing the cost of company cars.
* Note: this guide refers to 'spouses'; in most cases this applies also to civil partners.