Tax planning

Optimise your taxes and maximise your wealth with our bespoke tax planning services

Whether it’s personal finances, family expenses, or business, managing taxes is unavoidable. However, the structure of your tax affairs can significantly impact your overall tax liabilities. At Affinity Associates, we lift the burden of tax complexities from your shoulders.

Entrust Affinity Associates with
your tax planning and management tasks

Managing taxes often presents a significant challenge due to the complex tax codes and constantly changing laws in the UK. It requires staying updated and ensuring consistent compliance, which can be overwhelming for any fast-growing business.

Thankfully, our expert tax planning accountants are well-versed with the latest changes in tax regulations, and our primary goal is to ensure you and your business are only paying the minimum accurate amount required by HMRC. We devise and recommend efficient tax-saving strategies to enhance your after-tax income.

In addition, we’ll ensure you’re optimally structured, completely compliant, and always in the know. We provide personalised tax planning services, ensuring your unique needs and financial circumstances are considered.

Scope of our robust tax planning services

Tax management can be daunting without expert knowledge. Our tax planning advisors are here to ease your burden. Here’s what our comprehensive and tailored support includes:

We provide an exhaustive suite of tax planning services, designed to meet your specific needs

Knowing when to register or deregister for VAT and understanding the various VAT schemes can confuse many businesses. Our experts will also provide tax planning advice during a VAT inspection or investigation.

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Keeping track of the ever-evolving compliance laws around personal tax can be difficult for those running a business. Even minor mistakes on tax returns can be hefty. Fret not – our tax advisors will look into this for you end-to-end.

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Navigating the complex labyrinth of corporation tax rules can be daunting for busy directors. Our tax planning accountants will streamline your reporting obligations, mitigate penalties, and minimise your tax exposure.

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Your pension is an integral part of your retirement income strategy. We can help you align your pension contributions with your overall tax planning, ensuring you maximise benefits and optimise your financial future. Give us a try today!

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Partnerships have unique tax requirements, and in most cases, the partners struggle to separate their personal and business tax obligations. Not anymore. We’re here to simplify the perplexities for you.

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Preserve your wealth for future generations without relinquishing control. Our team is well-versed in the numerous strategies to optimise your Inheritance Tax (IHT). Let us guide you through your IHT planning journey.

Contemplating selling your capital assets due to promising financial returns? If so, such transactions could attract Capital Gains Tax. Worry not; diminish or even eradicate your Capital Gains Tax obligation with our support.

Companies operating across borders or in multiple jurisdictions face the complex task of complying with local tax laws and meeting reporting requirements. This demands local market expertise from trained professionals. Our global network is uniquely positioned to assist both large multinationals and globally-minded mid-sized companies with on-the-ground expertise in various regions.

Simplify your tax planning today with Affinity Associates

Book your complimentary consultation with us to understand how our specialised tax strategies can guide your business towards financial stability. Your success is our goal.

As long-time tax planning advisors for businesses big and small, we understand the importance of saving money wherever possible

Here’s what you gain from our services:

Our tax planning advisors meticulously examine every tax relief opportunity applicable to you and your business. This thorough process ensures that no stone is left unturned and all tax reliefs are fully exploited to your advantage, effectively lowering your tax burden.

We create an environment conducive to business growth by skillfully reducing your overall tax bill. The funds saved can be reinvested back into your business or directed towards expanding your personal wealth, enabling you to invest more and grow faster.

We adhere to the highest standards of confidentiality, implementing stringent security protocols to protect sensitive documents such as payslips and financial reports. Your peace of mind is our priority, and we ensure this through absolute security and discretion.

Our comprehensive tax planning services offer clear and in-depth insights into your personal and business tax situations. This understanding allows you to make informed decisions for your business and avail yourself of the most beneficial opportunities.

We manage your tax affairs quickly and precisely by leveraging our optimised processes and cutting-edge technology. We understand your time is precious, so we strive to provide swift and accurate services. This way, you can focus on what truly matters to you.

Entrusting your tax affairs to us means placing them in the hands of seasoned tax planning accountants. Knowing that experts oversee every detail with precision offers you peace of mind. Be secure in the knowledge that your tax matters are in capable hands.

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Technological mastery defines us

We are adept at using any accounting tool necessary for the job.

And, if you have your own tax planning software installed, we’re happy to work there too.

Frequently Asked Questions (FAQs)

Tax planning is a proactive approach that individuals and businesses take to minimise their tax liability. This involves strategically planning one’s financial activities and decisions based on current tax laws to take advantage of tax breaks, deductions, and credits.

While both concepts are related to handling taxes, their focus differs. Tax management is primarily concerned with ensuring compliance with tax laws and correctly handling tax obligations. On the other hand, tax planning is more proactive, focusing on optimising financial decisions to minimise tax liability. Tax planning often forms part of a broader financial strategy, while tax management can be seen as a subset of financial management.

Our tax planning team comprises licensed and certified professionals with credentials from recognised bodies such as the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT).

We typically require your past tax returns, current financial statements, information on any planned future transactions, and an understanding of your long-term financial goals. We might need additional information based on your specific situation.

Absolutely! We provide ongoing tax planning advice and support throughout the year. Whether it’s a change in your business circumstances or the release of new tax legislation, our tax planning accountants are here to ensure your tax plan remains optimal.

Client stories: Experiences that speak volumes

Get inspired by the genuine stories of businesses we’ve helped and witness the remarkable difference our services can make.
Matthew Loxston
Managing Director, At Energy UK
Thanks to their attention to detail, we never have any concerns relating to our accounts. They are diligent and approachable in equal measures and are only too happy to help if I have a query or do not fully understand something.
Zoe Spicer
HR and Change Management Professional
Knowing that my business accounting is in safe hands with reliable and secure systems, allows me to focus on providing my own clients with high quality consultancy.
Tom Roberts
Director, Shoot Promotions Ltd
Affinity runs a slick accounting system that integrates effectively into the modern flow of our fast-paced music promotions business. The team at Affinity are a pleasure to work with and their knowledge and advice invaluable.
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Registered office: 11-12 Hallmark Trading Centre, Wembley HA9 0LB. Registered in England & Wales no: 13240229. All financial advisory services are provided by Affinity Group Financial Services Limited. Authorised and regulated by the Financial Conduct Authority (firm ref no. 949987).

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