Business Tax Planning

Tax planning: reducing the business tax burden

Tax can be a minefield for business owners. With tax legislation constantly being revised and with the level of penalties on the increase, it is essential that you have a robust tax planning strategy in place.

As well as dealing with the routine aspects of business taxes, VAT, PAYE, National Insurance and CIS, we offer comprehensive business tax planning services, which will help you to maximise profitability, boost the bottom line and extract income in the most tax efficient way. These will assist you to:

  • Determine the most tax-effective structure for your business, including:
    • Extracting profit from your business
    • Remuneration strategies (e.g. salary v dividends v benefits)
  • Take full advantage of tax opportunities and reliefs (to include knowing what costs are allowable for tax purposes
  • Achieve the best capital or revenue tax treatments
  • Reduce tax on disposals and maximise relief on acquisitions (including optimising the timing of your asset purchases / disposals within the capital allowances regime)
  • Make the most of tax opportunities specific to your industry
  • Meet the rigorous demands of compliance, including corporation tax self assessment.

For more information, please do not hesitate to contact us