It's all in the planning say the tax specialists at Clayton & Brewill
With self-assessment and the January tax payment behind us, many people will now be turning their thoughts to planning for the end of the tax year. And with some forward thinking, there are a number of ways in which Clayton & Brewill can help you to maximise your tax allowances and reduce both corporation tax and personal tax bills. Some of the end of year tax planning strategies we are currently discussing with clients include:
– Tax mitigation strategies through venture capital trusts and enterprise investment schemes.
– Adjusting salary and dividend payments to benefit from personal allowances and basic rate tax band.
– Maximising pension and ISA contributions.
– Pre and post year end capital investments.
– Utilising personal capital gains tax exemptions.
If you would welcome a chat about how we can help you make the most of available tax planning tools please do give us a call on 0115 950 3044 or you can email us here.