Tax Planning

A landlord's guide to calculating your rental profit, cash basis vs accruals, capital vs revenue expenses, interest relief, and more.

You can file your Self-Assessment tax return any time after the tax year ends on 5 April, right up until the deadline on 31 January. And filing your tax return early comes with a genuinely long list of benefits that most people don't think about until it's too late.

Pension contributions are one of the most effective and often overlooked ways to reduce a tax bill. For many business owners, making contributions before the end of the tax year can lower Income Tax or Corporation Tax while also building long-term financial security.

The biggest tax savings rarely happen after the tax year has ended. They happen before 5 April, when there is still time to make informed decisions. Once the year closes, most planning opportunities disappear. At that point, it becomes a reporting exercise rather than a strategic one. Good tax planning is about preparation, not panic.