Still reacting to your tax bill instead of planning for it? You’re not alone.

What are the three most important things we do with clients to build a robust and effective tax strategy? One that supports your business and their life.

In this Business Success Conversation, Michael and Lucy break down the three most important things they do with clients to build a robust and effective tax strategy.

1. Plan Ahead; Don’t Wait for Year-End

You can’t build a tax strategy in a panic. Yet that’s what many business owners do.

Pensions, investments, assets; they all need planning time to qualify for the right tax treatment. Leaving it to the last minute limits your options and could cost you thousands.

Start early, stay ahead, and avoid surprises.

2. Plan Your Tax Liabilities in Advance

Know when your bills are due. Know how much they’ll be. And know where the money’s coming from.

We always encourage clients to set up different bank accounts or “pots” for things like VAT, Corporation Tax, and Self-Assessment. That way, when the bill arrives, you’re ready, and not scrambling.

Preparedness means no panic.

3. Choose the Right Business Structure

Are you a sole trader, limited company, or in a partnership? The structure you choose has a direct impact on how much tax you pay and how you can extract profit.

We help clients assess their current setup, and change it where needed, to make sure they’re running their business as tax-efficiently as possible.

The right structure = the right strategy.

Get the Business (and Life) You Want

At Carthy Accountants, we’re not here to just tick the compliance boxes. We're here to be your co-pilot, helping you plan ahead, make smart financial decisions, and build a business that works for you.

Want help putting a proper tax strategy in place?
Get in touch with us today.