I admit that I’m a fan of planning and planning my taxes is no exception. Whether it’s income tax, corporation tax, or VAT, I like things to run smoothly and to avoid any hiccups I plan ahead – hopefully I’ll end up saving money too.
Surprisingly it’s not just about saving money as the rules, reliefs and allowances can often change and you should make it your job to know what these changes are. Once you understand how taxation works you will be in a better position to manage your finances and it all filters down to saving money anyway so you have nothing to lose. Let’s face it no one wants to spend more than they have to and you should know what you are entitled to.
With so much to think about it can be worrying for some – especially if you don’t have the know-how or confidence. So my suggestion to you is to get a qualified accountant who can take the burden away from you. They will assess your finances and make sure you pay on time and where possible, save you money. But you should already have an accountant in place anyway and remember accountants aren’t just for the tax period.
At AIMS Accountants for Business we’re experts on tax and we’re not bad on giving out advice either. So if you think you might be in a pickle, visit us now for a free no obligation consultation.
If you like the way we think, you’ll like the way we work.