We are fast approaching the December year end and self-assessment is almost complete. So I thought I'd offer some guidance on dealing with company profits. Distribution of profits within the accounting tax year With self-assessment just behind us and an estimated 75% of business owners operating on a calendar year end, it’s time to look [...]
As happens every year around this time, you’ll hear and see a lot of advertising for pension planning and self-assessment for those self-employed. These campaigns are targeted at those that complete a tax return annually. Usually with the guidance of an accountant/tax adviser, a client will be shown options on how to reduce their tax [...]
The financial planning business has changed considerably over the years since my own journey started. The tools, sophistication of research and software, and more recently the methods of communication, have evolved. But the principle of financial planning and its core basis remain the same. You may be an employee looking to make your income work [...]
