Tax Planning

A new client came to see us particularly concerned about an expected upcoming tax bill, for both himself and for the company.​ He was estimating £25,000 for the company, and approximately £10,000 for his personal tax.​ This was a fantastic challenge for us to explore the possibilities of what could be done in terms of the time frames which were available.​ Numerous ideas were discussed in the office, and with some research, we were able to come up with a solution which resulted in the client receiving a tax rebate of nearly £9,000 (as opposed to paying £10,000), and the company tax liability down to £9,000.​ This is definitely one of our favourite client meetings to have, letting the client that actually we have exceeded expectations by a staggering £35,000!