Chartered Accountants of Poynton, Cheshire

There are many ways to save tax - all of them perfectly legal.

For example, if you realise Capital Gains after the end of the tax year, and delay payment of the tax for 12 months and split sales across the end of the tax year – you can make use of two years’ annual exemption.

Also, make an outright gift to your spouse, who can make use of his or her exemption, too. Delaying a sale can also mean more taper relief – so less tax.

Save employers’ NIC

Employee costs may be high, but save employers’ national insurance contributions by rewarding employees through all employee share schemes and pension contributions instead of additional salary or bonuses.

Ensure business borrowings attract tax relief

Funds borrowed for business purposes obtain full tax relief; your mortgage does not!

Appletons can help you to identify ways to make the most of tax-saving opportunities and investments.

We are always pleased to discuss matters with you – contact us today for further information.