Tax Planning for Limited Company Owners

What this tax planning service covers

Tax planning is most effective when it is joined up with your bookkeeping and year end accounts. The service focuses on practical actions you can take during the year, not just calculations after the fact.

You can expect support with:

• Reviewing profits, cash flow and drawings to spot planning opportunities early
• Salary and dividend planning, including timing and documentation
• Planning for corporation tax and personal tax so there are fewer surprises
• Allowable business expenses and evidence requirements
• Pension contributions, charitable giving and other tax-efficient options
• Year end actions, such as capital purchases and capital allowance planning
• Director loan account planning and avoiding common traps
• Clear, written next steps so you know what to do and when

Who this is for

This service is suited to owner managed limited companies where the director wants clarity and control over tax.

It is especially useful if:

• Profits have increased and your usual approach no longer feels efficient
• You are unsure how much to take as salary versus dividends
• You want to extract profits while keeping enough cash in the business
• You have a director loan balance, irregular drawings, or mixed personal and business spending
• You want confidence that decisions made now will stand up at accounts and tax return stage

How it works

Tax planning starts with understanding where you are and where you are heading.

A typical process includes:

1. Review of up to date figures and key assumptions (income, margins, planned spending).
2. Planning discussion to agree priorities such as cash flow, mortgage applications, reinvestment, or personal income needs.
3. A tailored plan covering actions for the remaining months of the financial year.
4. Coordination with payroll, dividends and year end accounts so the plan is implemented cleanly.

Timing varies, but planning is usually most valuable before the final quarter of your financial year.

What happens after the plan

You get a clear set of actions and decision points, plus support to keep the plan on track.

Where needed, follow up can include:

• Check ins during the year to adjust for changes in profit or personal income needs
• Pre year end review to confirm final dividends, pensions and purchases
• Keeping records and calculations aligned so compliance work is smoother and quicker