Tax planning is a year-round activity, but it takes on even more importance as the year end draws nearer. Taking appropriate action ahead of 5 April will help to ensure that you are able to make the most of the tax-saving opportunities available to you and your business.
In addition, the implications of Brexit, both on the economy generally and in terms of the potential knock-on effects for the tax system, remain uncertain.
This is why we encourage you to keep your options flexible, be in a strong position to take advantage of any opportunities that may arise in the future, and mitigate against any shocks.
We can advise on how these changes will affect you, and suggest strategies to help boost your business’s profitability, reduce your tax liabilities and maximise your personal wealth. These may include:
- taking advantage of the tax breaks available to you and your business
- planning to extract profits from your business tax-efficiently
- utilising tax-advantaged savings options (including pensions)
- minimising the inheritance tax due on your estate.
Our guide to Year End Strategies can be downloaded here.
Our expert team can help you ensure that you are able to make the most of the tax-saving opportunities available to you and your business before 5 April. To find out more, please contact us.