Home Budget 2007 Company Profile Services Accountancy Zone Business Zone Tax Zone IR35 Update News Articles Feedback Search Legal Notice How To Find Us 1. Accelerate pension payments or repairs before year end to ensure you get tax relief. 2. Defer sales and other income into the next financial year. 3. Put off the sale of assets into another financial year if they result in a chargeable gain. 4. Purchase assets prior to the year end to maximise the allowances. 5. Make sure all provisions made are against specific costs and not just a general estimate. 6. Realise losses as soon as you can (look at bad debts or slow moving stocks). 7. Ensure that income from deposits IS credited to the company bank account after the company year end. 8. Sell assets if they generate a loss upon sale / disposal. 9. If the company has trading losses, consider how they can be utilised. 10. If company profits fluctuate, consider income adjustments to periods when the tax rate against profit is low, and expenditure increases when it is known to be high. [ Tax Zone Home]