As anti-avoidance legislation has increased, the opportunities in effective tax planning become fewer and less beneficial. It is essential to get the basics right to take advantage of any planning opportunities as they arise.
As specialist advisors in this area, we have saved clients many thousands of pounds in tax. And it doesn’t just stop at PAYE, VAT and CGT, other non-business-specific taxes, such as Inheritance Tax and Personal Tax, when planned for effectively, can also present massive savings.
Avoiding tax has become unpopular amongst those who cannot avoid it but it’s essential in business. Nobody benefits if the company loses money.