Holden Associates – Accountants & Business Advisers Blog

I know all firms of accountants and tax advisors are busy trying to get those last few clients tax returns into the Revenue to help those stragglers avoid the £100 fines, you know who you are.

Do you realise that by leaving it until the last minute you give your adviser little or no chance of actually advising you, which just may have saved you as much in tax as their fees cost you. No I didn’t think anyone had put it that way before!

On our main website we have my FREE ten tax saving tips, well today, while all your accountants are busy trying to do your return for you, I am going to give you something for FREE, a few more tax saving tips.

• Small energy efficient cars get 100% tax relief, better than the 25% you currently get;
• Consider paying additional pension contributions;
• Take the time to talk to your adviser and make sure you are claiming everything you can, and unless your adviser understands your business this will be hard for him/her;
• Thinking of buying new assets? Think carefully, there are changes afoot that may make it worth waiting;
• Have you claimed all the tax credits you are entitled to?,
• What about your investments, are they arranged in the most tax efficient manner?

Well that’s all I’m going to give you for now, together with my ten tips on our main site I make that 16 FREE tax saving tips!

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