Tax Planning

Updated for March 2011 Budget

Nobody likes paying more tax than they have to. For businesses, tax is a cost which like any other cost should be minimised wherever possible.

At the most basic level there are several simple planning actions you can take to start saving tax yet we still come across many businesses that are not aware of these easy to implement procedures.

At the other end of the spectrum we have been saving tax for our clients through sophisticated tax planning and tax avoidance for over 5 years and you could benefit too. For example:

Remuneration Planning and Profit Extraction

We can help you plan tax efficient remuneration for directors and key employees, resulting in little or no tax. With income tax rates of up to 50% (and a marginal rate of 60% on earnings between £100,000 and £113,000) the tax savings can be significant. If you or any of your employees earn more than around £55,000pa (through salary or dividends) then call us to find out how to pay tax at an effective rate of only 20%, no matter how high your earnings are.

Tax Efficient Investments

Invest in low carbon business opportunities and have your investment paid for by the Government! These opportunities are suitable for individuals earning more than £125,000pa and businesses with annual profits in excess of £200,000.

Contractors Solution

Through the IR35 legislation, saving tax, together with tax planning for contractors has become increasingly difficult and setting yourself up as a limited company is no longer a safe option. Ask us about our low risk IR35 avoidance alternative which gives a net return of around 82% of your gross income.

Buying Property

Let us help you to mitigate SDLT on residential and commercial properties. We have been helping clients to successfully reduce and avoid SDLT for over 5 years – you could be next.

When it comes to saving tax, it is important to get good professional advice. One call to 01527 836 836 could end up saving you literally thousands of pounds. Alternatively, contact us to start saving tax.

Get in touch for your free no obligation initial consultation and details of our
30 day money back guarantee and
fixed fee consultancy.

What our clients say about us

Cognitor have some amazing tax strategies. It took me a while to understand, but I saved over £100,000 in tax. Graham knows his stuff – if you’re after a bit more than your regular accountant, Cognitor are definitely worth a call

Julie Feeney View testimonial
They have provided the structure and facilities to enable us to implement real change to the way that we work. Cognitor are a valuable asset to our company.

Pete Longman View testimonial
I know I made the right decision – their support and advice has been invaluable in helping me to strengthen my business.

Martyn Davies View testimonial
At last we have found a vibrant, energetic, and forward looking team who are willing to help move my business to the next level.

Dale Horton View testimonial
Over the years the Cognitor team have been invaluable in offering objective advice and observations about our business and have provided the structure and facilities to enable us to implement real change to the way that we work.

Fran Connop View testimonial
The staff are friendly, professional and nothing is ever too much trouble

Allan Watts View testimonial
We have always been interested in “outside the box” thinking and have been open to their ideas, some of which have been implemented to our great benefit.

Andrew Kennedy View testimonial