Tax Planning
Tax is a complicated cost of any business transaction that is very difficult to calculate without specialist knowledge.
Interactions between all different taxes must be considered, for example VAT, Corporation Tax, Inheritance Tax, Income Tax, Capital Gains Tax.
We use our tax expertise to look at the big picture to ensure that you never pay more tax than you should. One of our specialisms in tax planning is helping owner managed businesses. With these cases, it is essential to take a holistic approach, taking into account personal and business taxes.
Put simply, there is no point saving your company £20,000 if you end up with a £30,000 personal tax bill!
- We have over 30 years tax experience and have gained the skills to give our clients creative and practical solutions.
- We believe it is essential to really listen and understand what our clients want before providing them with tax saving advice.
- We have a discussion with you to find out what is important to you and discover what you would and would not consider doing so we can focus on giving you relevant and realistic tax advice.
The best tax saving strategy, purely in terms of money saving, may be for you to move abroad for 6 years, but if you would never consider doing that then it doesn’t make sense to give that advice. Not only does it waste your money, but also the time you could have used to seek advice elsewhere.
For these reasons, we take the time to understand what you want before we give you any tax saving advice. This ensures that all the advice we give you is high quality, relevant, realistic and practical.