Tax and the business owner-manager

Many accountants are focused on tax; many owner-managers are, too.  Our approach is to recognise that tax is a cost to the business and its owner, but is not the be-all and end-all.  Indeed, many of our clients pay more tax because they are with us - we help them grow their business and as their wealth increases some will be payable in tax.

That said, we work with our clients to plan their affairs to maximise their after-tax wealth, so of course we advise on sensible arrangements that are within the law which do not detract from building their wealth long-term.  We do not let the tax tail wag the wealth dog, if that's not stretching a metaphor too far. 

Some clients want to be aggressive in their tax planning and we make sure they know the risks in so doing.  Most of our clients think that taking advantage of the exemptions and arrangements generally accepted as safe means they feel they have taken sensible steps but can sleep at night.

We do not take the view that we need to publish all tax tables and rates as they are widely available all over the web, if you wish to look at them.  However, we do draw attention to matters that affect our chosen client base, two of which currently are the changes to Capital Gains Tax, and income splitting (which the Government insisits on calling income-shifting)  arrangements. See the links on the left for more details.