Tax Planning

The legal arrangement of a business's finances, structure, and timing of transactions to minimise tax liability while remaining fully compliant with HMRC requirements.

Tax planning is not tax evasion. Every pound legitimately saved in tax is a pound that stays in the business. Founders who plan proactively around salary, dividends, pension contributions, and allowable expenses can save thousands annually.

A founder works with her accountant in March to review the current tax year before it closes. They identify she has not maximised her pension contributions, has unclaimed home office expenses, and can time a dividend to fall in the next tax year when she will be in a lower bracket.