While the effects of the recession on cash flow and business profitability are on the minds of most at present, the pending year end of April 5th 2010 provides an opportunity to ensure that your liability for the 2009/10 tax year is no greater than necessary.
With further tax increases (particularly in regards to National Insurance in April 2011) on the horizon, there really is no time like the present to take a step back and look at how you are managing your personal finances and your business and consider how you might reduce your taxes and/or improve your financial and business strategies.
In this year end tax guide, Paul Cleworth of Wealth Matters considers some of the ways you might act now to help you achieve a more tax efficient and secure future for you, your family and you business.
Call Paul at Wealth Matters to to discuss your specific situation and the planning opportunities you could consider before the end of the tax year.
