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Tax & planning

Why proactive tax planning beats a year-end surprise

The best tax work happens before your year ends, not after. Here's why a proactive accountant can save you money a reactive one never will.

The Switch Books teamMay 20263 min read

There's a world of difference between an accountant who reports your tax and one who plans it. The first tells you what you owe after the year has closed. The second helps you arrange things during the year so you pay less, within the rules.

Planning is a year-round job

Timing of purchases, how you draw money from the business, pension contributions, allowances and reliefs: these only help if they're considered before your year-end, not after. By the time the year has closed, most of the opportunities have closed with it.

It's all above board

Good planning isn't aggressive or risky. It's simply using the reliefs and allowances you're entitled to, with foresight. A proactive firm builds this in as standard.

If your current accountant has never raised tax planning with you, that tells you something. We can match you with a firm that treats it as part of the job.

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