With the end of the tax year fast approaching, businesses should be taking stock of their financial position and ensuring they make the most of available tax reliefs and allowances.
The UK’s tax legislation offers over 1,000 different reliefs and allowances designed to help taxpayers minimise liabilities through careful tax planning.
Yet, every year, millions of pounds in tax reliefs go unclaimed, and thousands of taxpayers miss out on opportunities to reduce their tax bills.
Why outsource tax planning?
With so much at stake, businesses need expert guidance. Outsourcing this responsibility to an experienced accountancy firm like MJ Bushell ensures that no stone is left unturned when it comes to tax efficiency.
Here’s why businesses should consider outsourcing their tax planning ahead of the year-end:
- Access to expertise –Our team stays ahead of the frequent tax developments, ensuring businesses are compliant and maximising relief opportunities.
- Time-saving – Business owners and finance teams have enough on their plates without the added burden of navigating tax laws. By outsourcing tax planning, businesses free up valuable time to focus on growth and operations.
- Minimising liabilities – Without expert advice, businesses risk overpaying tax or failing to claim valuable reliefs. We proactively identify areas where tax savings can be made.
- Avoiding costly mistakes – Tax compliance errors can result in penalties and unnecessary stress. Our team ensures businesses meet their obligations correctly and on time.
How MJ Bushell can help
At MJ Bushell, we offer tax planning services that help businesses take full advantage of the reliefs and allowances available to them.
Our team of experienced tax specialists and advisers take the time to understand each client’s business, ensuring a personalised approach to tax efficiency.
With our expertise, businesses can confidently approach the tax year-end, knowing they are making informed decisions that benefit their financial future.
Act now before the tax year-end
With only weeks left before the tax year closes, now is the time for businesses to take action.
By outsourcing tax planning to MJ Bushell, businesses can ensure they are not leaving money on the table and are fully prepared for the new financial year.
Contact our team today to discuss how we can help you make the most of your tax position before it’s too late.