TAG Tax

Could Your Tax Planning Benefit From an Overhaul?

With the new 2026-2027 tax year about to start on 6 April, GMcG Chartered Accountants’ experienced tax team is busy helping clients across all sectors to understand the potential tax savings that can come with the right planning.

Areas that could be examined include remuneration packages, the extraction of profits, dividend planning and options around additional pension contributions. Business owners may also look at different options when it comes to their workforce. Whether there are 2 employees or 200 employees, a myriad of employee benefit schemes is available.

Limited company owners need to understand how any changes in corporation tax and capital allowances rules may impact their tax liability. Those who undertake any research and development work could also benefit from making a Research and Development tax credit claim.

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