Looking ahead can make all the difference between the peace of mind that comes from filing tax returns on time and the painful penalties from not. A little more planning can reduce or at least postpone tax payments.
Planning possibilities arise at any time, and not just as the end of the business or tax year approaches. The opportunities come from your circumstances and situation. It may be flexible remuneration or gifts to the children. It may be managing business tax, which could well be the biggest cost on your profit and loss account.
The Springfords Tax Team comes across a whole raft of tax problems and offers solutions (whether simple or creative, but always effective) to manage tax liabilities.
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To download our 50 Top Tax Planning Tips click here. Please note that these were effective as of 1 April 2016, based on information available prior to that date, but as with all things in life, tax planning can change quite quickly, and for various reasons. If you see something of interest, get in touch before you take any action, so we can make sure you have the most up to date information to help you decide how to proceed.