Have you ever walked out of your Accountants office with a tax bill you didn’t expect?
Many of our clients come to us late May to mid-June, and we work with them to review what has happened so far as well as what will happen for the remainder of the financial year. Once we’ve established all of that, we work out an estimate of your tax situation and offer some suggestions to minimise your tax bill.
This is incredibly helpful as it lets you know what to expect before it happens. We can also set up a payment plan, so you don’t get hit with a big tax bill.
Spread your commitments out over the year; it’s good for your business and makes the situation less stressful for you. Then we’ll discuss the following year with you to ensure you’re in the best position come tax time in the future.
A few handy tax hints to take on board
At Trilogy Tax, we understand how confusing it can be when it comes to taxation and what you can claim, so we’ve put together a few of the top tips for both individuals and businesses below. While this is not a fully comprehensive list, it’s a great introduction to what we look into in order to minimise the amount of tax you’re paying.