Many business owners and individuals are facing uncertainty about their finances due to recent changes to tax rules in the Autumn 2025 Budget, as well as speculation about what could be announced in the upcoming Spring Statement.
Wage increases and tax regulation changes could affect not only your business performance but also your personal wealth and long-term financial planning.
With the right approach and expert advice, it is possible to take control, reduce tax liabilities and improve financial outcomes.
Do you know your tax position?
Changes in tax rules, allowances and reliefs can have a significant impact on your tax position, but with careful planning, these can be turned into opportunities to save tax.
For businesses, this could include reviewing your business structure to improve efficiency, maximising allowances on qualifying capital expenditure, ensuring withdrawals from the company are tax-efficient and exploring new revenue streams.
For individuals, options can include boosting pension contributions, using dividends effectively, maximising allowances, reliefs and exemptions and reducing Inheritance Tax (IHT) through estate planning.
Changes are coming in April 2027 to how unused pension pots will be treated in relation to IHT, which will likely mean more families can anticipate an IHT bill, making early preparation key.
There are plenty of strategies available to limit your tax liability, but finding the right ones for you is much easier when you have the advice of an expert.
The value of expert advice
Working with an experienced accountant can bring new perspectives to your business. They’ll help you uncover missed savings, improve tax efficiency and make informed decisions on your business’s future.
A full-service approach includes:
- Accurate accountancy records
- Tax planning and advisory services
- Management accounts for business insight
- Preparation of your annual financial accounts
- Payroll services
- Asset and wealth management
Combining these services is the best way to make sure you’re not missing out on any opportunities to make sure you or your business succeed.
Our services add value – in fact, our clients typically receive three times the value of the fees we charge.
With a new tax year just around the corner, take a look back on the year you’ve had so far.
Now is the perfect time to review what’s worked, what hasn’t and what could be done differently for the 2026/27 tax year.
Speak to our team today to review your tax position and explore opportunities for savings.
Please contact Lamont Pridmore on 0800 2346978 or email [email protected]
