Tax Planning

Tax planning refers to the planning, typically provided by financial and tax advisors and consultants to individuals and companies that ensures that taxes are optimally structured and minimised, based on expert knowledge of tax regimes that makes use of all allowances, reliefs, offsets, deductions as well as processes relating to various types of tax. For UK individuals, tax planners will structure investment via tax-efficient schemes such as ISAs, and utilise the tax benefits offered on retirement savings and investment schemes etc. For companies, tax planning can enhance profitability by reducing tax liabilities.