Is tax planning the same as tax avoidance?
No. This is about using reliefs and allowances the legislation provides, and about the timing of ordinary business decisions. We do not use artificial schemes.
Tax planning
Tax planning that happens through the year.
Effective tax planning should happen throughout the year, not just when a deadline approaches. We work with business owners and individuals to review their financial position, understand upcoming tax liabilities and identify legitimate opportunities to become more tax efficient. Our aim is to help you make informed decisions, avoid unexpected tax bills and keep more control over your finances.
- Through the year. Decisions shaped while they can still be changed.
- Whole position. Company and personal tax planned together.
- No schemes. Reliefs and timing the legislation provides, nothing artificial.
Planning reviewAhead
Position reviewed
Quarterly
Allowances used
In year
Liabilities forecast
Rolling
Nothing arriving as a surprise
Where planning helps
The decisions that change your tax position are made during the year.
For owners who would rather shape the outcome than be told it afterwards.
Salary & dividends
The extraction mix reviewed against current thresholds.
Timing decisions
Purchases, pensions and dividends timed with the tax effect known.
Structure reviews
Whether the setup still fits as profits and plans change.
Forecast liabilities
What is coming, when, and what to set aside for it.
In practice
Decisions made with the tax effect known.
By the time a year end has passed, most of the tax position is already fixed. The choices that move it — how you take income, when you buy equipment, what goes into a pension, whether the structure still fits — are made while the year is still running.
We review these with you as the year progresses rather than reporting on them afterwards.
- Salary, dividend and pension mix reviewed against current thresholds.
- Timing of capital purchases considered against available allowances.
- Business structure reviewed as profits and circumstances change.
- Extraction of profit planned around your personal position, not just the company's.
What it avoids
Fewer surprises, and no decisions made in the dark.
Unexpected tax bills are usually the result of a decision made months earlier without the tax consequence being visible at the time.
Planning is mostly about making that consequence visible before the decision, not after.
- Forecast liabilities so money can be set aside as it is earned.
- Allowances used within the year rather than lost at the end of it.
- Changes in rates and thresholds flagged before they affect you.
- A view across the company and your personal position together.
How it starts
Three steps, no upheaval.
Tell us where you are
A short call about how tax planning is handled today and what is causing friction.
We set the routine
Records, deadlines and handover organised, including professional clearance from your current accountant if you are switching.
You see everything early
Work finished ahead of deadlines, figures explained in plain English, and one specialist who answers.
Who this helps
Built for the sectors we know best.
Frequently asked questions
Tax Planning questions we hear most.
When should tax planning happen?
Throughout the year, with a focused review before the year end while there is still time to act. Planning after the year end is mostly reporting.
Does it apply to smaller businesses?
Yes. The amounts differ but the decisions are the same: how to take income, when to invest, and what to set aside.
Related services
What this usually sits alongside.
Need help with your accounts?
Speak to our Harrow accountants today. Tell us how tax planning works in your business now, and we will tell you how we would run it.