Category Archives: Tax Planning
Inside this issue:
- Planning issues for companies
- Managing new employer National Insurance rules
- Profit extraction planning points
- Dealing with directors’ loan accounts
- Unincorporated businesses: basis period reform option
- Planning window: furnished holiday lets
- Plan for tax efficient business motoring
- The family business
- Tax rates and allowances
- Tax and the family
- Where Gift Aid fits in
- Pension planning
- High Income Child Benefit Charge and Tax-Free Childcare
- Invest tax efficiently
- Capital taxes
- Year end checklist
Inside this issue:
- Tax rates and allowances
- Tax and the family
- Family companies: assess profit extraction strategy
- Keep up to date with pension planning opportunities
- Unincorporated businesses: plan for major change
- Invest tax efficiently
- Take stock of capital gains tax rules and changes
- Use Gift Aid effectively
- Year end checklist
The end of the 2020/21 tax year is quickly approaching. It is always vital that businesses and individuals should use this time to plan ahead in order to minimise the tax bill. This is especially true after a year that has seen the coronavirus (COVID-19) pandemic hit financial health as well as physical wellbeing. Within this factsheet, we consider strategies for you to implement into your financial plan to ensure it is as tax-efficient as possible.