Transparent Tax Planning Guidance

What the service covers

Tax planning is most useful when it is specific, documented, and easy to act on. This service focuses on your real numbers and your goals, then turns the findings into clear next steps.

It can include:

• A review of your current tax position and likely liabilities.
• Identification of tax-saving opportunities that fit your setup (sole trader or limited company).
• Clear explanations of the trade-offs behind each option, not just a list of tactics.
• Timing guidance: what to do now vs later in the tax year.
• Practical recommendations on profit extraction and payments (where relevant).
• Checks on common risk areas such as expenses, VAT treatment, and record-keeping.
• A written summary of actions, deadlines, and what information is needed to implement.

When this is the right service

This guidance is suited to time-poor business owners who want clarity and control, without getting pulled into technical detail.

Common situations include:

• Profits are rising and you want to avoid an unexpected tax bill.
• You are not sure if you should operate as a sole trader or through a limited company.
• You want to sense-check expenses, dividends, salary, or pension contributions.
• You have started VAT, changed VAT schemes, or your sales mix has changed.
• You have a one-off event coming up, like a large contract, asset purchase, or business sale.

How the guidance is delivered

The process is structured so you can get answers quickly and still keep it robust.

Typical steps:

1. Information gathering: key figures, current setup, and what you are trying to achieve.
2. Review and analysis: identify options, constraints, and likely outcomes.
3. Guidance meeting: walk through the options in plain English and agree the preferred route.
4. Action plan: a clear summary of decisions, tasks, and timings.

After the plan: making it work

Good tax planning is only valuable if it is implemented correctly and then kept up to date.

After delivery you can:

• Use the action plan to update bookkeeping processes and set aside the right amounts for tax.
• Align upcoming filings and payments with the plan.
• Review the plan as your income, costs, or structure changes, so decisions stay current and compliant.