Minimising your tax

Tax Planning

Regular advice on minimising your tax proactively and personal to you.

How useful would it be to look at how you can save tax on a regular basis – even if it’s just to make sure everything’s been optimised effectively?

Many accountants claim to offer tax planning advice but not many do it like this:

  • Annual Taxability reviews in February each year to make sure your personal tax is minimised.
  • Business tax review two months before your year-end so that your business pays as little tax as possible.
  • Post year-end review to make sure all your expenses and allowances have been properly claimed.

1. Tax planning

  • Corporation Tax: making a claim or election, Marginal Relief, R&D Relief, Dividend planning, Marginal Relief, and Disincorporation.
  • VAT: Returns, Registration/Deregistration, Flat-rate, Annualised and Cash Accounting, Marginal and Retail Schemes.
  • Income Tax: Minimisation Planning, Self-Assessment, Registration, Reliefs, Claims, Rental and Investment Income.
  • Other Taxes: Inheritance Tax Planning, Capital Gains Tax, Stamp Duty, Foreign Taxes, Non-Residency, Non-Domicile.

2. Payroll

  • PAYE/National Insurance (NI) planning and operation.
  • Company Cars, Vans, Benefits, P11D’s.
  • Real Time Information (RTI) P45’s, Tax Codes, Minimum Wage and Compliance.
  • Full Payment Submission (FPS), Year End Reporting, P60’s P35’s