Tax planning in arrears when the accounting date has passed is severely limited; please consider the opportunities that arise within the accounting period.

There are many areas to consider, which can impact both your business and personal circumstances.  A few of the areas which are worthy of consideration are highlighted below:

• Directors/staff bonuses/dividends?
• Capital expenditure plans?
• Capital gains exemptions?
• Should you be a limited company?
• Company cars or own cars?
• Can income be deferred or deductions accelerated?

Pension contributions?

We recommend you contact us for an in-depth review as soon as possible.