**Death and taxes: the only two guarantees in life.**

As a business owner, you already know you can’t avoid tax, but that doesn’t mean you can’t plan for it. Your trading style, payment structure, and business plans all play a part in building a tax strategy that works for you.

In this Business Success Conversation, Michael and Lucy from Carthy Accountants explain how your trading style, payment structure, and business plans all play a part in building a tax strategy that works for you.

Every business needs a plan, including your tax

Whether you’re a sole trader, partnership, or limited company, you need a strategy. One that works for your structure, your goals, and your future.

It’s important to plan, to make sure there’s a strategy in place, and to talk to us as your accountant.

Tax isn’t something you do once a year. It’s something that affects your income, your profits, and your long-term financial goals, so your approach needs to be proactive, not reactive.

What makes a robust tax strategy?

Here are three questions every business owner should ask:

1. Is your trading style still right for you?

Sole trader? Limited company? Partnership?
Each has its own tax implications, and the right answer depends on more than just tax. It’s about your business plan, your risk profile, and your future goals.

2. Are you paying yourself the right way?

For directors, this means finding the most efficient salary vs dividend split.
It’s never one-size-fits-all. We help our clients review their structure regularly to make sure they’re making the most of their position.

3. Are you only thinking about tax?

Here’s the thing: tax strategy isn’t everything. Your business setup should align with your broader goals, whether that’s investment, growth, succession planning, or exit strategy.

Have the conversation early

Waiting until year-end to talk tax is like checking the map after you’re already lost. We want to be your trusted partner, not just your year-end service provider.

Talk to us now, while you still have time to shape the outcome.

Get the Business You Want

A better tax outcome starts with a better strategy.

Get in touch today and let’s talk about your structure, your payments, and your goals.
We’ll help you build a plan that works for your business.