How do I optimise my tax bill?

Answer

The correct answer will depend on a number of factors, so ask us when you are ready to extract money from your business. Visit our Tax Calculator page for some straightforward guidance that applies for most cases. In summary, ensure that:

  • You claim all allowable expenses
  • You claim all business allowances, e.g. home working
  • Make efficient use of beneficial business expenses, e.g. business mobile phone
  • Optimise your pay based on your personal income

We provide advice on all of these points as standard as part of our Accounting service.

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