Effective tax management can result in significant cost and cashflow savings for your business. Here are some tax tips that every business should consider.
- Effective management of the business taxation affairs can reduce costs and enhance cash flow
- Be aware of different minimum wage rates for various categories of employees
- Consideration of dividends v salaries for emoluments of business owners
- Consider tax effective pension contribution
- Explore opportunity to employ family members and use Personal Tax Allowances
- Explore Research & Development Tax Credits
- Consider forming a Group structure