2007/08 Year End Tax Planning

We update our site regularly. Our guide includes a wide range of strategies for mimimising tax and building wealth. This planning guide is now out of date, but is included on our website together with the Budget Reports for 2006 and 2007.

Tax planning should never be left until the last minute. Please contact us in order to arrange a tax planning review that takes into account your circumstances and your aspirations. Our advice is tailored to reflect your needs and the current taxation regime.

The links in this section of our site refer to tax saving opportunities, some of which may have lapsed or changed since 5 April 2008.

Our up-to-date planning guide for 2008/09.

There really is no time like the present to take a step back and look at how you are managing your personal finances and your business, and consider how you might reduce your taxes and/or improve your financial and business strategies.

In this section consider just some of the ways you might act now to help achieve a more secure future for you, your family and your business. Please call us now to discuss your specific situation and the planning opportunities you could consider before the end of the tax year. Acting now could pay dividends in the future.

Act now to save money

While there may be occasions in life where leaving things to the last minute can save money, such as a late holiday booking, in other areas any delay could cost you money. Tax planning is such an area.

Effective planning requires time and consideration, but with our help, you could significantly reduce your business and personal tax burdens.

This website guide is designed to highlight a range of planning opportunities, some of which expire on 5 April 2008. In particular, do please contact us to discuss the following:

• 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.