Tax Planning

Effective tax planning is not a retrospective exercise completed at year-end; it is a year-round strategy. We work closely with you throughout the financial year to review your business performance and personal circumstances. By taking a proactive approach, we can identify opportunities to structure your affairs efficiently, ensuring you utilise all available allowances and reliefs to minimise your overall tax liability legally.

Corporate Tax Efficiency

The corporate tax landscape is constantly shifting, with changes to rates and thresholds occurring frequently. We advise on the most efficient ways to manage your company’s tax bill, including the timing of capital expenditure to maximise capital allowances and the utilization of trading losses. Our goal is to ensure your business retains as much profit as possible for reinvestment and growth.

Personal Income and Wealth Strategy

For business owners, personal and business taxes are inextricably linked. We devise remuneration strategies that find the optimal balance between salary, dividends, and pension contributions to minimise Income Tax and National Insurance. Furthermore, we consider the longer-term picture, advising on tax-efficient investment vehicles to protect and grow your personal wealth outside of the business.

Capital Taxes and Succession

Building value in your business is a lifetime’s work, and protecting that value upon exit or succession is paramount. We advise on Capital Gains Tax implications for asset disposals and Inheritance Tax planning to safeguard your legacy. By structuring your assets correctly and utilising reliefs such as Business Asset Disposal Relief, we help ensure your wealth is passed on according to your wishes with minimal tax leakage.

Compliance and Risk Management

While our focus is on efficiency, our foundation is strict compliance. The UK tax code is complex, and HMRC’s anti-avoidance measures are robust. We ensure that all planning strategies are fully compliant with current legislation, keeping you safe from enquiries and penalties. We explain complex tax laws in plain English, giving you the peace of mind that your tax affairs are in expert hands.