--- title: "Limited Company Tax Review in Cardiff | TCK Accounting" description: "Review your limited company year-end position to reduce tax legally, optimise profit extraction, and stay compliant with HMRC rules." canonical: "https://www.tckaccounting.co.uk/services/limited-company-tax-efficiency-review" --- ![A person at a desk reviewing business documents and a checklist, reflecting preparation for accounting tasks.](/_next/image?url=%2Fapi%2Fmedia%2Ffile%2Fquickbooks-mtd-preconnection-checklist-hero.png%3Fv%3D1769183245309&w=1536&q=75&dpl=dpl_HkjxAMLz8SoKDEaYz6gDcGJLMf1v) Limited company accounts & Companies House # Limited Company Tax Efficiency Review [Book a free consultation](https://www.tckaccounting.co.uk/redirect-contact) A Limited Company Tax Efficiency Review checks your year-end position and how you take money from your business, so you are not paying more tax than necessary within HMRC rules. You will get clear, practical recommendations based on your numbers, your plans, and the most tax-efficient options available to you. ## What the review covers This is a focused, year-end planning review designed to spot legal tax savings and remove uncertainty before your accounts and company tax return are finalised. You can expect practical guidance on: - your projected year-end profit and corporation tax position - how you extract profits (salary, dividends, pension contributions) and the tax impact of each - allowable business expenses and common missed reliefs (where relevant to your activity) - director loan account positions and any risks to manage before the year end - timing decisions that can affect tax, such as invoicing, purchases, bonuses, or pension funding - compliance flags that could create avoidable tax or reporting issues ### When this service is most useful A tax efficiency review is a good fit if you: - run an owner-managed limited company and take money via salary and dividends - have had a stronger year than expected and want to plan before the year end - are retaining cash in the company and are unsure of the most efficient next step - are buying equipment, investing in growth, or changing how you work - want confidence your year-end choices are sensible, documented, and compliant ### How the review is delivered You will be asked for key information such as up-to-date bookkeeping figures, payroll and dividend records, and any changes planned in the business. The review then assesses your current position, highlights opportunities and constraints, and models the likely impact of different options. You will receive a clear summary of recommendations and a prioritised action list, written in plain English. Where useful, this will include simple comparisons so you can choose the best route with confidence. ### What happens after the review Once you have agreed the actions, the next step is implementation, for example adjusting payroll, planning dividends, or making sure supporting records are in place. If you want ongoing support, the position can be revisited during the year so you are not relying on last-minute decisions. The aim is to keep your limited company compliant while ensuring you keep as much of your profit as possible, within the rules. [Book a free consultation](https://www.tckaccounting.co.uk/redirect-contact) ## Frequently Asked Questions When should I book a Limited Company Tax Efficiency Review? Ideally 6 to 10 weeks before your company year end, while there is still time to act. It can also be done soon after the year end if decisions are still available, such as finalising remuneration and checking reliefs. Will this review guarantee I will pay less tax? No, because the right outcome depends on your profits, income mix, and personal circumstances. The review is designed to identify legal options, quantify the impact where possible, and help you choose the most suitable approach. What information do you need to carry out the review? Up-to-date bookkeeping figures, details of salary, dividends, and any benefits, plus your business plans for the rest of the year. If you use cloud software, access to the latest reports usually keeps this straightforward. Does the review include filing the company accounts and Corporation Tax return? The review focuses on planning and recommendations rather than statutory filings. If you want, the agreed actions can be carried through into your year-end accounts and Corporation Tax return as part of your wider accounting support. Is this service suitable for contractors and small owner-managed companies? Yes, it is often most valuable for smaller limited companies where salary and dividends drive the tax position. It is also useful if your income is variable and you want a clear plan for profit extraction and cash flow. [Book a free consultation](https://www.tckaccounting.co.uk/redirect-contact) ## Related Services Complete your experience with these services - Stakeholder-Ready Company Accounts [View](/services/stakeholder-ready-company-accounts) - Advisory Support for Limited Company Owners [View](/services/advisory-support-for-limited-company-owners) - Accuracy & Quality Checks on Company Accounts [View](/services/accuracy-and-quality-checks-on-company-accounts) - Tax Credits & Deductions Review (Ltd Companies) [View](/services/tax-credits-and-deductions-review-ltd-companies) Show more services - Limited Company Record-Keeping Support [View](/services/limited-company-record-keeping-support) - Financial Statement Preparation (P&L and Balance Sheet) [View](/services/financial-statement-preparation-pandl-and-balance-sheet) - Companies House Compliance Support [View](/services/companies-house-compliance-support) - Annual Accounts Filing to Companies House [View](/services/annual-accounts-filing-to-companies-house) - Limited Company Year-End Accounts [View](/services/limited-company-year-end-accounts) ## Related Blog Posts - [![A computer on a desk in a small business office setting, displaying accounting software.](/_next/image?url=%2Fapi%2Fmedia%2Ffile%2Fhmrc-vat-software-editorial-uk-small-business.png%3Fv%3D1769183233536&w=1536&q=75&dpl=dpl_HkjxAMLz8SoKDEaYz6gDcGJLMf1v) ### MTD for VAT Penalties: What HMRC Says About Filing Without Functional Compatible Software HMRC says it may charge a penalty of up to £400 for every VAT return filed without functional compatible software under MTD for VAT. 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