Most people only think about tax once the year has ended - by which point the opportunities to do anything about it have already passed. Effective tax planning works the other way round: it looks ahead, structures things sensibly, and uses the allowances and reliefs available to you before the deadlines close. I Sumar & Co provide proactive tax planning for businesses and individuals across the UK. As specialist accountants, we help you keep more of what you earn - entirely within the rules.
What Our Tax Planning Covers
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Personal and business tax planning, looking at the full picture together
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The most efficient mix of salary, dividends and pension contributions
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Making full use of annual allowances and reliefs before they are lost
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Capital gains tax planning ahead of selling assets or property
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Inheritance tax and succession considerations
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Year-end planning to time income and expenditure well
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Profit extraction strategies for company directors
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Long-term planning as your business and circumstances change
The Value of Planning Ahead
Once a tax year closes, most of your options close with it. Allowances that were not used are gone; reliefs that needed a decision before year-end can no longer be claimed. The clients who pay the least tax are not doing anything dubious - they are simply planning ahead and making decisions at the right time. That is exactly what we do with you, throughout the year rather than once it is over. All planning is carried out strictly within HMRC rules; current allowances and reliefs are published at gov.uk.
Tax Planning - Frequently Asked Questions
No. Tax planning means using the allowances, reliefs and structures that the law specifically provides - exactly as intended. It is entirely legitimate and is simply good financial management. We do not engage in artificial or aggressive schemes.
As early as possible, and ideally well before the end of your tax year. The sooner we plan, the more options remain open. Leaving it until after year-end usually means the best opportunities have already passed.
Yes, and the two should always be looked at together. For directors and business owners especially, the most efficient outcome comes from planning company and personal tax as one connected picture.
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