With the 31 January Tax Return deadline now past, our thoughts turn toward the next major deadline - the 5 April. There is still time and there may be opportunities to reduce your January and July 2008 payments to HM Revenue & Customs. Our Tax Year Planning Guide is a good starting point. Here you will find an initial overview of:
making the most of tax-free saving opportunities
keeping tax rates as low as possible across the family
developing a plan for tax-efficient profit extraction from your company
keeping business taxes to a minimum
minimising the tax on the sale of your business
a tax-efficient remuneration package
reducing national insurance costs
reducing the tax cost of company cars
tax-efficient savings
reducing the inheritance tax due on your estate.
With the burden of taxation having increased during the last ten years, our tax saving advice is more important than ever before. While we work with our clients at all times to help you plan to minimise your tax liabilities, if you would like to schedule a tax planning meeting before 5 April 2007 please contact us today.