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Business Catalyst - How to plan for the year end
by David Young
Speaking as Chairman of the UK200 Group Tax Panel to Business Catalyst, the business magazine from Clydesdale Bank, David Young of BKL Tax answers key questions on planning for the end of the financial year in order to minimise tax liability and shelter profits. David speaks on the advantages of dividends over salary, tax exemptions and how to use them, the strategic sale of assets and the problems associated with dividing assets between separating couples. A key message is that it is never too early to think about the next year end. Planning the year ahead carefully can lead to significant reduction in tax liability and a greater retention of profits.
Please read the full article by clicking here.
