Effective Tax Planning Services to Optimize Your Financial Strategy

At Accounted For, we understand that tax planning can feel overwhelming.

Don’t lose sleep over the taxman – instead, relax while we work to save you money, even as you sleep.

With our certified accountant tax planning services, we’re here to ensure you never pay more tax than you need to.

What is Tax Planning?

Tax planning and tax treatment is the process of identifying and minimizing your tax liability through available allowances, deductions, reliefs, exclusions, and exemptions.

It involves analyzing your financial situation to identify opportunities to reduce your tax burden by leveraging deductions, credits, and tax-efficient investment options.

Tax planning ensures you pay the least amount of tax possible while conforming to all legal obligations and requirements.

It is a fundamental part of successful financial planning, helping you achieve your financial goals by creating a financial plan tailored to your needs.

Tax planning can give tax benefits and help you reduce income tax, capital gains tax, and inheritance tax.

Why Choose Accounted For?

Plan Ahead, Stay Ahead

Our experts provide accurate tax forecasts, giving you a clear picture of how much tax you’ll need to pay.

These insights allow you to plan ahead, budget effectively and even become more tax-efficient.

Claim What’s Yours

Already paid too much tax? We’ll help you recover it through rebates on things like:

Uniform or Specialist Clothing

Car Mileage Allowance

Tools and Equipment

Construction Industry Tax

Working From Home Expenses

Professional Subscriptions, Training & Qualifications

Comprehensive Tax Mitigation Strategies

Maximise your savings with our extensive range of tax planning services, including but not limited to:

Corporation Tax Reduction:

We’ll help you reduce your corporation tax through legitimate strategies such as research and development (R&D) tax credits, capital allowances, and other reliefs.

Personal Tax Planning:

• We’ll work with you to develop a personal financial plan that is tailored to your individual needs, helping you minimize your personal income tax while staying compliant with HMRC regulations.

Inheritance Tax Planning:

• Our experts will help you create an inheritance tax plan that ensures your assets are protected for future generations.

Capital Gains Tax Planning:

• We’ll assist you in managing your capital gains tax by identifying exemptions, deductions and tax allowances.

Tax-efficient Investments:

• Our experts can recommend tax-efficient investment options that help you reduce your taxable income while growing your assets. These may include individual savings accounts (ISAs), pensions, venture capital trusts (VCTs) and enterprise investment schemes (EIS).

VAT & Customs Duties Reduction:

• We’ll help you minimize the impact of VAT and customs duties on your business through careful planning and compliance with tax regulations.

Pension Contributions Advice:

• Our experts will advise you on making pension contributions to reduce your personal tax liability and secure your future retirement.

Remuneration Planning:

• We’ll work with you to find the most tax-efficient ways to remunerate yourself, such as salary, dividends, bonuses and share schemes.

Company Car Tax Optimisation:

• Our experts will help you choose the most tax-efficient company car options and advise on fuel, insurance, maintenance and other expenses.

VAT Management:

• We’ll offer guidance on VAT registration, compliance, and returns to help you avoid penalties and reduce your tax liability.

Capital Gains Tax Solutions:

• We’ll advise you on the most tax-efficient ways to dispose of your assets and minimize capital gains tax.

Wills and Estate Planning:

• Our experts will help you create a comprehensive estate plan that minimizes inheritance tax and ensures your wishes are carried out after your passing.

Inheritance Tax Reduction:

• We’ll assist you in utilizing tax exemptions and reliefs to reduce your inheritance tax liability, such as charitable donations, gifts to family members, and trusts.

Benefits of Tax Planning

Tax planning can help you reduce the tax you owe for yourself or your business each tax year.

It can help you achieve your financial goals by creating a financial plan tailored to your needs.

Taxes can eat into profits, hindering success, but with a financial adviser’s guidance, they can produce a financial plan to help achieve your financial goals.

Tax planning strategies can help you minimize your tax liability and optimize your investment returns.

It can also help you reduce your tax bill and maximize your wealth.

Capital Gains Tax Planning

Capital Gains Tax (CGT) is a tax imposed on the profit earned from selling certain assets.

Effective management of capital gains and investment income can minimize tax obligations.

Tax-efficient investment options can generate income at lower tax rates, provide tax relief on capital gains, and reduce inheritance tax.

Our team can help you navigate the complexities of Capital Gains Tax and optimize your investment returns.

We can also help you minimize your Capital Gains Tax liability and reduce your tax burden.

Tax Planning for Business Owners

Tax planning is essential for business owners to minimize their tax liability and optimize their financial situation.

Our team can help you identify tax-efficient strategies and utilize your tax deductions and allowances to reduce your tax liability.

We can also help you create a tax-efficient portfolio that is tailored to your individual circumstances and goals.

Our goal is to ensure you pay the right amount of tax, not a penny more or less.

We can also help you navigate the complexities of corporate tax and optimize your financial situation.

The Tax Planning Process

We consider your financial objectives and ensure that tax planning advice is aligned with your overall financial plan.

We assess your current financial and tax position, including your income, capital gains, and inheritance tax liabilities.

We utilize tax allowances, such as the Capital Gains Tax (CGT) allowance and personal allowance, to minimize your tax liability.

We review your financial plan regularly to ensure it remains tax-efficient and aligned with your changing personal circumstances and goals.

Our team works closely with Financial Planning Consultants to provide a joined-up approach to pension/retirement planning, investment strategies, and tax-efficient savings options.

Importance of Ongoing Support and Maintenance

Once you start your tax return journey with our tax planning services, we understand how crucial it is to have a financial plan that can adapt to your evolving needs and meet your expectations.

We will ensure that your plan remains on track and that your financial solutions are still the most appropriate.

Our ongoing support ensures that your financial plan continues to meet your changing needs.

We can also help you navigate the complexities of tax planning and optimize your financial situation.

Our team is committed to providing expert guidance on tax planning, personal tax planning, and personal tax.

Tailored Tax Planning for You

We know that every individual and business is unique, and that’s why we offer bespoke tax planning services.

Whether you’re looking for more efficient tax planning, tailored business tax strategies or international personal tax advice, we’ll create a solution just for you.

Start Saving Today

Why pay more in taxes than you need to? With Accounted For, your tax planning is in safe hands.

Get in touch today and maximise your savings with our certified accountants.